Lifestyle Fund

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Lifestyle Fund

A portfolio strategy that targets persons according to age group. That is, a lifestyle fund may invest in low risk, low return securities if the prospective investor is approaching retirement and simply wants a steady income. On the other hand, a lifestyle fund may invest in precisely the opposite securities if the potential holder is young and looking to make a good deal very quickly. A lifestyle fund has the advantage of a great deal of flexibility depending on the investment goals of most persons in each age group.
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But be aware your money can still go down as well as up with lifestyle funds.
The bulk of lifecycle and lifestyle funds is counted in this category.
The lineup, unchanged For more than 10 years, included a set of three lifestyle funds that provided conservative, moderate and aggressive investment options.
We really love those five investment options you gave us back in 2000, and the lifestyle funds are nice, too.
The company offers two versions of lifestyle funds, which allocate across asset categories based on age, proximity to retirement and other factors.
IFAs will advise on ways of reducing risk in pension funds for those close to retirement, such as so-called Lifestyle funds.
BOSTON -- In an effort to help retirees and their advisors develop and implement strategies that seek to fulfill lifetime income needs in retirement -- and potentially address legacy goals -- Putnam Investments today announced the official launch of its Putnam Retirement Income Lifestyle Funds, a suite of three income-oriented mutual funds, along with a powerful Retirement Income Analysis Tool (publicly available atwww.
This fund, with a recent $553 million in assets, is the most aggressive of the lifestyle funds for investors of varying risk tolerance," said Travis West, president and CEO of Fringe Benefit Group.
Investing with a long-term family perspective requires a deep understanding of both family and finance; Family Wealth Management addresses these two topics in a seamless fashion, providing a comprehensive reference and practical approach for families interested in preserving both lifestyle funds and legacy wealth through all types of investment environments.
The John Hancock Global Absolute Return Strategies Fund is offered as a stand-alone member of the John Hancock family of retail mutual funds, and is also a component of the John Hancock Alternative Asset Allocation Fund (JAAAX), as well as several of the John Hancock Lifestyle Funds.
Other schemes, such as Lifestyle Funds, reduce the risk for savers nearing retirement.