Anastasia is an investor in her mid-40s whose primary investment goal is to retire at age 65. Her advisor has recommended a fund with a 25-year maturity that begins with a high equity weighting and gradually shifts to a higher fixed income weighting throughout its life-cycle. What type of fund has her advisor recommended?

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ased on the description Anastasias advisor has recommended a targetdate fund Heres why Targetdate fu... View the full answer