Target date portfolios provide a diversified exposure to stocks, bonds, and cash for those investors who have a specific date in mind (in this case, the years 2021-2025) for retirement or another goal. These portfolios aim to provide investors with an optimal level of return and risk, based solely on the target date. Over time, management adjusts the allocation among asset classes to more conservative mixes as the target date approaches.
Abbreviation: TG
Broad Asset Class: Balanced
Primary Index: Morningstar Moderate Target Risk
Secondary Index: Morningstar Lifetime Moderate 2025