Manager: State Street

Category: Target Retirement date fund

Objective: Provide moderate capital appreciation and some stability of principal for investors planning to retire in approximately the year 2065.

Strategy: The Fund invests in a combination of U.S. stocks, international stocks, bonds and cash, and allocates its assets among these funds according to a pre-determined asset allocation strategy. On an annual basis, the Fund automatically rebalances to a more conservative strategy as the year 2065 gets closer. Over time, the stock allocation decreases and the bond allocation increases. Five years after reaching its 2065 target retirement year, the Fund will be invested in its most conservative mix of cash, bond and stock investments and will be mapped to the Target Retirement Income Fund.

Fund fact sheet
Strategy Disclosure Document