TIAA Investments manages the TIAA-CREF Lifecycle Funds
and their real estate investments will be made through TH Real Estate, which has more than 70 years of experience managing real estate investments for institutional investors.
Nuveen, a global investment manager, has added direct real estate investments as part of the allocation in its award-winning target-date fund series, the TIAA-CREF Lifecycle funds
, the company said.
(58) The TSP consists of a selection of individual and lifecycle funds
that offer broad market diversification.
As a result, the last 10 years have seen an evolution in products and services such as lifecycle funds
, collective investment trusts (CITs) and managed accounts.
The next tier is balanced funds and managed accounts, he says, followed by target-date funds (TDFs) or lifecycle funds
Employees benefit, said TIAA-CREF's Walsh, because lifecycle funds
are professionally managed, take age-based considerations into account, and are periodically rebalanced to move assets from equity investments to fixed-income investments appropriate for retirees.
Now there are other choices: how will the construction of lifecycle funds
Findings on lifecycle funds
, including target-date funds and target-risk funds, show the focus shifting from asset maximization to liability matching.
Also known as lifecycle funds
, these funds are designed to offer a diversified portfolio that automatically rebalances to be more focused on income over time.
As with so-called lifestyle or lifecycle funds
, distribution funds typically are offered as part of a group.
Qualified default investment alternatives--known as lifecycle funds
or pre-mixed funds--are a positive way to simplify portfolio allocation decisions.
A recent survey of more than 200 large employers by Aon Hewitt shows 83% offer either targetdate or lifecycle funds
in their 401(k)s, and more than a third of the remaining companies are considering doing so.