At State Street Global Advisors, we recognise the challenges that DC schemes and members currently face. As a result, we have designed our Timewise Target Retirement Funds as a robust investment solution that is dynamic, adaptable and intuitive.
What is a Target Retirement Fund?
- Target Retirement Funds are designed to be the default investment strategy for people saving for retirement
- They exist in “vintages”, grouping members in cohorts by approximately when they will retire
- As the members in the fund approach retirement, the portfolio manager will reduce the risk level of the fund