According to a press release, the Maxim Lifetime Asset Allocation Series provides:
- Three glide paths,
- A lifetime investing approach,
- Third-party consultation,
- 20 investment managers,
- 28 underlying funds, and
- A blend of active and passive investment management.
“We waited until now to introduce a target-date product because we wanted to redefine and enhance the target-date fund category,” said Charlie Nelson, president of Great-West Retirement Services, in the press release. “Through the passage of time and the benefit of 20/20 hindsight, it became clear that first generation target date funds have some limitations. The Maxim Lifetime Asset Allocation Series addresses those concerns.”
More information is at www.gwrs.com .
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