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Article: LIFE-CYCLE FUNDS OFFER DIFFERENT MIX FOR THE AGES
- Article from:
- Herald-News (Joliet, IL)
- Article date:
- June 27, 1997
CopyrightCopyright (c) 1997 Herald-News. (Hide copyright information)
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Some investors enjoy researching and selecting mutual funds that fit their investment objectives.
Others lack the slightest clue as to which funds to choose from the ever-expanding array of options.
Investors in the latter category may be interested in the newest trend in fund-selection simplificaton.
"Life-cycle" funds do the work for you, says Mutual Funds magazine.
"Life-cycle portfolios mix their investments among stocks, bonds and money-market instruments in a pattern determined by financial planning goals across a specific time frame."
Life-cycle funds are marketed to investors according to their ages or risk profiles.
Some relieve you of having to make further investment ...