An Example of a Lifecycle Fund Is a Fund That

An example of a lifecycle fund is a fund that

A) Assists investors with planning for retirement by a specific date.
B) Initially invests in conservative securities, then changes to invest in more risk-oriented securities as time goes by.
C) Invests in shares of other mutual funds in order to increase diversification and asset allocation.
D) Has principal protection as its main objective.
E) None of these is an example of a lifecycle fund.

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