a. What is meant by a target-date fund? b. What is the motivation for the creation of
Question:
a. What is meant by a target-date fund?
b. What is the motivation for the creation of such a fund?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
a A targetdate fund is a type of mutual fund or exchangetraded fund ETF designed to automatically adjust its asset allocation over time with the goal ...View the full answer
Answered By
User l_944679
0.00
0 Reviews
10+ Question Solved
Related Book For
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
Question Posted:
Students also viewed these Business questions
-
Let A, B be sets. Define: (a) the Cartesian product (A B) (b) the set of relations R between A and B (c) the identity relation A on the set A [3 marks] Suppose S, T are relations between A and B, and...
-
QUIZ... Let D be a poset and let f : D D be a monotone function. (i) Give the definition of the least pre-fixed point, fix (f), of f. Show that fix (f) is a fixed point of f. [5 marks] (ii) Show that...
-
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
-
Which of the following would be a reason China would place a tariff on Canadian lumber? A. China is trying to protect its domestic lumber industry. B. China is seeking to lower the cost of lumber for...
-
Starfleet Corporation has one temporary difference at the end of 2018 that will reverse and cause taxable amounts of $55,000 in 2019, $60,000 in 2020, and $75,000 in 2021. Starfleet's pretax...
-
Deciding on a general competitive strategy in the marketplace is the key to developing what?
-
Incomplete information concerning the financial performance of two manufacturing companies is presented below. Required Determine the answers to (a) to(f) for the two companies. Work in process,...
-
Use the financial statement data for Castillo Products presented in Problem 7. A. Calculate the net profit margin in 2009 and 2010 and the sales-to-total-assets ratio using year-end data for each of...
-
Consider the following (I/O)E. Write some commands in Matlab to find the matrix A of the ss presentation. Which of the following is a correct one? Please submit your m file and a screenshot of your...
-
What are the costs incurred by a mutual fund?
-
a. Describe the following: front-end load, back-end load, level load, 12b-l fee, management fee. b. Is there a limit on the fees that a mutual fund may charge?
-
What is fraud?
-
Summarize the Data Describe the data findings regarding The Family Promise of Pulaski County in Little Rock, Arkansas organizational problem (homelessness). Discuss what the data has shown about the...
-
Identify the grade you believe you earned. Justify your request for this grade. How you would prove you earned it? Include facts and figures from your own work in your negotiation strategy to...
-
You hold a 6 year bond with a coupon of 5% and a price of 92.56%. In two years' time the discount rate applied to the bond is 5.75%. What will the price be in 2 years?
-
The farthest a Trans-Neptunian Object can get from the Sun in its orbit is 407 AU. The orbit's semimajor axis is 297 AU. What is the eccentricity of this orbit?
-
A bond has a par value of $1,000, a coupon rate of 5.37 percent (paid annually), and that matures in 15 years. Assume the market interest rate on this bond is 12.59 percent and it increases 59 basic...
-
Explain the purpose of a special column in the combination journal.
-
Interest Compounded Annually. When P dollars is invested at interest rate i, compounded annually, for t years, the investment grows to A dollars, where A = P(1 + i) t . Trevor's parents deposit $7800...
-
A woman opened an account in a local store. In the charge account agreement, the store indicated it charges 11/2% each month on the unpaid balance. What nominal annual interest rate is being charged?...
-
The Bawl Street Journal costs $206, payable now, for a 2-year subscription. The newspaper is published 252 days per year (5 days per week, except holidays). If a 10% nominal annual interest rate,...
-
Pete Sampras borrows $10,000 to purchase a car. He must repay the loan in 48 equal end-of-period monthly payments. Interest is calculated at 1.25% per month. Determine the following: (a) The nominal...
-
How does Vygotsky's theory of learning help us understand the interaction between the individual and his environment? can you please give me two examples.
-
What are the mechanisms underlying enzyme inhibition, including competitive, non-competitive, and uncompetitive inhibition, and how do reversible and irreversible inhibitors modulate enzyme activity...
-
Simplify 64x4 72x
Study smarter with the SolutionInn App