Target-Date Retirement Funds Are Not

question 20

Multiple Choice

Target-date retirement funds are not

• A) funds of funds diversified across stocks and bonds.
• B) designed to change their asset allocation as time passes.
• C) a simple, but useful, strategy.
• D) designed to function much like hedge funds.

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Definitions:

Reciprocating Pistons

Components in an engine that move up and down within cylinders to convert fuel into mechanical energy.

Valves

Mechanical devices in an engine that open and close to allow the intake of fuel/air mixture and the exhaust of combustion gases.

Camshaft Open

The period when the camshaft lifts the valve off its seat, allowing for air/fuel mixture intake or exhaust gas expulsion.

Smart Key

A device that allows for keyless entry and ignition of a vehicle, using radio frequency identification (RFID) technology to communicate with the car's locking mechanism.