Home » Dictionary » lifecycle fund

lifecycle fund

lifecycle fund
 n.Gloss: An investment arrangement in which money is invested in safer securities and investments as a person grows older. «The funds, also known as lifecycle funds, are designed to minimize risk by shifting the funds’ assets from equities to bonds as investors grow older.» —“Senate Weighing New Rules for Retirement Funds” by Ylan Q. Mui Washington Post Feb. 21, 2009. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Off the Turnip Truck (episode #1532)

It’s hard to imagine now, but there was a time when people disagreed over the best word to use when answering the phone. Alexander Graham Bell suggested answering with ahoy! but Thomas Edison was partial to hello! A fascinating new book about...