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What is the purpose of target-date funds?a)To provide a combination of stocks and bonds.b)To change the asset allocation over time.c)To achieve higher long-term performance.d)To align with an investor's retirement timeline.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the purpose of target-date funds?a)To provide a combination of stocks and bonds.b)To change the asset allocation over time.c)To achieve higher long-term performance.d)To align with an investor's retirement timeline.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of target-date funds?a)To provide a combination of stocks and bonds.b)To change the asset allocation over time.c)To achieve higher long-term performance.d)To align with an investor's retirement timeline.Correct answer is option 'D'. Can you explain this answer?.

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