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Lifecycle Fund - A lifecyle fund is a mutual fund that is diversified so it can be utilized to keep a given investor’s assets with appropriate risks. This is intended to apply to a multitude of given life circumstances that the investor might experience. Such funds afford varied forms of risk in their profiles whereby the investor can shift the funds between a number of different options. Thus it provides a more productive way to control investments as the investor changes from youth to the period retirement. The first goal is to grow the shares and then later to preserve its principal. |