Question: Target-date retirement funds: Function much like hedge funds. Change their asset allocation as time passes. Are a simple, but useful, strategy Change their asset allocation

Target-date retirement funds:

  1. Function much like hedge funds.

  2. Change their asset allocation as time passes.

  3. Are a simple, but useful, strategy

  4. Change their asset allocation as time passes and are a simple, but useful, strategy.

  5. All of the options are correct.

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