What is a mixed assets fund?
Target date fund
A target date fund is a special form of mixed assets fund which links the investment portfolio to a target date. The asset mix in the fund changes as the target date approaches.
This kind of portfolio maximizes growth opportunities in equities in the earlier stage and gradually increases its allocation to more conservative assets (e.g. bonds and cash) closer to the target date.
For more information about the major types of MPF funds, please visit the thematic website on MPF investment education.