The funds will be managed by Northern Trust Global Investments (NTGI) and will be offered in five-year increments with retirement dates beginning in 2010 through 2050.
According to Susan Czochara, senior product manager for NTGI, the two approaches to the funds will be a blended index or a blended enhanced strategy, which provide diversified exposure in a risk- and cost-efficient manner.
For more information, visit http://www.northerntrust.com .