Target Date Fund definition

Target Date Fund means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.
Target Date Fund means the diversified asset allocation Investment Options designated by the Investment Committee as target date funds.
Target Date Fund means a professionally-managed fund containing a mix of investments that invests based on the employee’s age and/or projected retirement date.

Examples of Target Date Fund in a sentence

  • A Dynamic Target Date Fund that invests in securities of any registered investment company other than a money market Fund shall attribute the registered investment company’s fees to the investing Fund’s operating expenses.

  • Such Target Date Fund is intended to be a “qualified default investment alternative” as described in Department of Labor Regulation Section 2550.404c-5(e).

  • In that case, the Investment Election will be deemed to be (until changed) a Target Date Fund based on the Participant’s age and expected retirement date (assumed to be such Participant’s Normal Retirement Date), rounded to the nearest Target Date Fund offered under the Plan, and all amounts transferred to this Plan will be invested initially in such Target Date Fund and then reinvested pursuant to an Exchange Election made by the Participant, or as otherwise directed by the Plan Administrator.

  • In the absence of an Investment Election, and subject to such rules as the Plan Administrator may make, Contributions (and loan repayments) will be invested in a Target Date Fund based on the Participant’s age and expected retirement date (assumed to be such Participant’s Normal Retirement Date), rounded to the nearest Target Date Fund offered under the Plan.

  • On April 17, 2017 the Board of Trustees of Wells Fargo Funds Trust approved the removal of “Dow Jones” from the name of each Target Date Fund, effective on or about July 14, 2017.


More Definitions of Target Date Fund

Target Date Fund means a fund with an investment allocation that is
Target Date Fund means a hybrid investment fund that automatically adjusts the asset mix according to a selected time frame that is appropriate for a particular inves- tor, based on the investor's age.
Target Date Fund means a hybrid investment fund that auto- matically adjusts the asset mix according to a selected time frame that is appropriate for a particular investor, based on the investor's age.
Target Date Fund means a professionally-managed fund containing a mix of investments that invests based on the employee’s age and/or projected retirement date. (hh) “Traditional IRA” means an individual retirement account as defined in Code section 408.
Target Date Fund means a fund with an investment allocation that is aligned with the member’s birth year.
Target Date Fund means a professionally-managed fund containing a mix of investments that invests based on the employee’s age and/or projected retirement date. (ff) “Worker Leasing Company” (also known as a Professional Employer Organization or PEO) means a person who provides workers, by contract and for a fee, to work for a client and is licensed as a Worker Leasing Company by the Oregon Department of Consumer and Business Services.
Target Date Fund means a professionally-managed fund containing a mix of investments that invests based on the employee’s age and/or projected retirement date. (ee) “Temporary basis” means providing workers to a client for special situations such as to cover employee absences, employee leaves, professional skill shortages, seasonal workloads and special assignments and projects with the expectation that the position or positions will be terminated upon completion of the special situation. Workers also are