Target 2020 Fund
The investment seeks to provide current income with capital appreciation and provides a true 'one decision' diversified investment option for members throughout their working careers. It is automatically adjusted during the course of a specified time period aimed at a target retirement date.
The Target 2020 should provide a diversified investment that is appropriate for an investor who has a short (retiring between 2018 and 2022) investment period and is comfortable with fluctuations in the value of their investment. It will become more conservative as the target date approaches.