Target Date Fund

Market Terms

We don't know everything about the markets.  We're just devoted to learning.  Taken from those smarter than ourselves, here's how we define Target Date Fund.

Mutual or exchange-traded funds (ETFs) built to grow assets in a way that’s optimized for a specific time frame.  They’re structured to address an investors capital needs by a specific date (hence “target date” fund).  They’re frequently used by an investor planning for a retirement, but recently have seen growing popularity in other avenues, such as paying for college.  The composition is designed so as to gradually switch to a more conservative trading approach as the target date nears.