[LINK]Funds for Retirement:The Life-Cycle Approach# Investment - 投资
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From Vanguard
https://institutional.vanguard.com/iip/pdf/life_cycle_funds.pdf
Executive summary
Life-cycle funds have attracted increasing interest because they answer
the desire of many plan participants for a single, professionally planned,
comprehensive investment that requires little or no maintenance by the
individual. For plan sponsors, too, life-cycle funds can be useful from a
fiduciary perspective, particularly as default options.
In choosing a type of life-cycle fund, sponsors should c
https://institutional.vanguard.com/iip/pdf/life_cycle_funds.pdf
Executive summary
Life-cycle funds have attracted increasing interest because they answer
the desire of many plan participants for a single, professionally planned,
comprehensive investment that requires little or no maintenance by the
individual. For plan sponsors, too, life-cycle funds can be useful from a
fiduciary perspective, particularly as default options.
In choosing a type of life-cycle fund, sponsors should c