In other words,
these active life cycle funds provide asset allocation, security selection and market timing services.
Not exact matches
The
active allocation approach may make it difficult to pinpoint an appropriate
life cycle fund choice.
Once you select the
life cycle approach with which you are most comfortable, including the choice of
active management versus index
fund, then the next decision you must make is the individual
fund or
fund family choice.
In Table 1, the performance statistics of
life cycle funds are given with the
funds grouped in categories by
fund asset allocation approach —
active, fixed allocation, and transition.