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Henrietta Marston plans to retire at a specific date in the future. She is considering a fund that will be more risk-oriented now and become increasingly conservative as she approaches retirement. Which of the following funds would you recommend to her

Respuesta :

jepessoa

Answer:

life cycle fund

Explanation:

Life cycle funds are a type of mutual fund, that offer a diversified portfolio specifically tailored to your retirement date. The portfolio is adjusted to fit a lower risk tolerance as the retirement age of the investor approaches. Usually life cycle funds invest in other mutual funds (fund of funds strategy).

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