An Example of a Lifecycle Fund Is a Fund That

question 64

Multiple Choice

An example of a lifecycle fund is a fund that

• A) Assists investors with planning for retirement by a specific date.
• B) Initially invests in conservative securities, then changes to invest in more risk-oriented securities as time goes by.
• C) Invests in shares of other mutual funds in order to increase diversification and asset allocation.
• D) Has principal protection as its main objective.
• E) None of these is an example of a lifecycle fund.

---

Definitions:

Religious Holidays

Special days designated for observance and celebration based on religious beliefs and traditions.

Americans with Disabilities Act

Legislation that ensures individuals with disabilities are protected from discrimination in public domains.

Reasonable Accommodation

Adjustments or modifications made to a job or workplace to enable an employee with disabilities to perform their job duties.

Equal Employment

Policies and practices that aim to eliminate discrimination in the workplace and ensure fair treatment for all employees regardless of certain characteristics.