Fund Overview
A risk-managed approach to retirement investing
A suite of target-date funds that uses a blend of active and passive portfolio management which seeks to capture global growth opportunities, maintain purchasing power and guard against the market shocks that can derail retirement savings.
Why Invest In This Fund
Seeks to build and support purchasing power
REALPATH® Blend funds aim to build purchasing power by investing across an exceptionally broad range of asset classes and in an effort to maintain purchasing power by investing in inflation-related investments, such as TIPS. The funds generally combine a passive, index-based approach to equities with an actively-managed approach to other investments.
Aims to Manage risk
REALPATH® Blend funds take a measured approach to equity risk exposure, emphasizing capital preservation and carefully managing risk allocations over the entire course of an investor’s time-horizon,- especially near retirement.
Seeks to guard against shocks
In addition to taking a broadly diversified approach, REALPATH® funds employ hedging strategies, for vintages within 10 years of their target date, specifically designed to help curb the effects of severe market stress on a retirement portfolio. If left unchecked, the losses caused by market setbacks can be devastating, especially in the years directly before retirement.
PRIMARY BENCHMARK
S&P Target Date 2065 Index
PRIMARY BENCHMARK DESCRIPTION
The S&P Target Date Index Series is comprised of eleven multi-asset class indices, each corresponding to a particular target retirement date. Each index provides varying levels of exposure to each asset class. Each target date allocation is created and retired according to a pre-determined schedule related to the respective target date, as indicated in the index name, and is based on market observations through an annual survey of target date fund managers. It is not possible to invest directly in an unmanaged index.
DIVIDEND FREQUENCY
Quarterly
SHARE CLASS INCEPTION
12/30/2022
CUSIP
72202L280