Target-Date Retirement Funds

question 55

Multiple Choice

Target-date retirement funds

• A) change their asset allocation as time passes.
• B) are a simple, but useful, strategy.
• C) function much like hedge funds.
• D) change their asset allocation as time passes and are a simple, but useful, strategy.
• E) All of the options are correct.

---

Definitions:

Commercial Software

Software developed and sold for profit, typically offering extensive customer support and regular updates.

Business Processes

Activities, procedures, and tasks that organizations perform to achieve business objectives effectively and efficiently.

Legislation In Canada

The body of laws and regulations enacted by the Government of Canada and provincial authorities.

Personal Information

Data related to an individual that can be used to identify them.