Despite what many investors think, target - date funds aren't guaranteed, except for a few that offer capital guarantees, which are expensive. (moneysense.ca)
This plan also provides capital guarantee on your invested money plus assures you of life cover. (comparepolicy.com)
Most capital guaranteed or protected investments don't mature for five years or more, and hefty break fees can apply if you want to get out early. (moneysmart.gov.au)