Lifestyle Fund

(redirected from Life Style Funds)

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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References in periodicals archive ?

The program currently offers 24 diverse investment options, including a series of life style funds, a stable value option, and a variety of other name brand funds representing various asset classes.

New guidelines for writing or revising your pension plan's investment policy: the recent GFOA recommended practice on investment policies for deferred compensation plans and the associated policy checklist offer useful guidance and tools for either developing policies from scratch or reevaluating existing policies