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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This hits the nail on the head: The major problem is, and always has been, that this is not a homogenous group-members of pension schemes are from a variety of ages, have differing levels of existing assets and alternative pension provisions, and the clunkiness of traditional lifestyle funds doesn't allow for different allocation strategies between those different groups of members.
Lifestyle funds can vary widely in terms of the aggressiveness of their asset allocations and the types of funds in which they invest.
The bulk of lifecycle and lifestyle funds is counted in this category.
Prosecutor John Harrison said: "The couple have lived a dishonest lifestyle funded by various types of fraud."
It also offers a diverse selection of investment options with more than 400 mutual funds that include target-date funds, lifestyle funds and a variety of fixed investment choices.
A BUSINESSMAN insisted he did not enjoy a lavish lifestyle funded by criminal activity.
But instead, he uses them to pull down a nice six-figure salary, live as far away from Niagara Falls as the price of gas will allow, and pursue a mad and extravagant globetrotting lifestyle that most here could only dream of, a lifestyle funded to the hilt by the taxpayers of this city.
It's ironic that Tiglao finds fault with an honest political party that fully disclosed its campaign contributors but sees nothing wrong with (and even felt entitled to) a lavish lifestyle funded by taxpayers' money during his stint as ambassador.
The crash also had a dire impact on the thousands of "yuppies" who had enjoyed an extravagant lifestyle funded by their wins from bullish stock market dealings.
Yet when you have kids, get married, buy a house or live a lifestyle funded by significant salaries, the need arises.
Putnam Investments announced in late October the official launch of its Retirement Income Lifestyle Funds, a suite of three income-oriented mutual funds, along with a retirement income analysis tool that can be used with the funds to make sense of the complexities presented by the savings withdrawal phase of retirement.
A THIEVING accountant who lived a lavish lifestyle funded by stealing pounds 1.3m from her employer will have her assets sold while she's in jail.