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A Diversified Portfolio That Automatically Shifts the Asset Mix Away

question 182

Multiple Choice

A diversified portfolio that automatically shifts the asset mix away from equities and toward more conservative fixed-income investments as you approach the year of your retirement is called a(n) ____ fund.


Definitions:

Job Offer

A proposal by an employer to a potential employee to work for a company or organization at specified salary and terms.

Ability

Refers to the possession of the means or skill to do something effectively and efficiently.

Fired

The termination of an employee's contract or job due to inadequate performance, misconduct, or a company's financial difficulties, among other reasons.

Interview

An official gathering where one or more individuals interrogate, seek advice from, or assess another individual.

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