Lifestyle Fund

(redirected from Lifestyle 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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Mentioned in ?
References in periodicals archive ?
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.
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.
Lifestyle funds are falling out of favor after they produced disappointing results, leading to a wave of alternative default funds.
Rounding out the top five are balanced funds (12.8%), custom target-date funds (10.0%) and risk-based lifestyle funds (8.0%).
Most pension providers provide "lifestyle funds" which automatically reduce the risks as you get older.
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.
Many of these programs cannot track investments that stray beyond the primary mutual fund portfolio, such as target-based and lifestyle funds, separate accounts, collective trusts, asset-allocation models, and group annuities, because public information is not always readily available for such funds.
The lineup, unchanged For more than 10 years, included a set of three lifestyle funds that provided conservative, moderate and aggressive investment options.
The lifestyle funds offered premixed allocations and investment goals designed for various life stages, such as young professionals, families with young kids, and so on.