Each LifeTime option is managed and rebalanced in accordance with a specific retirement year, including LifeTime 2010, 2020, 2030, 2040, 2050 and LifeTime Strategic Income, which are tailored in the following ways:
- options for participants with a longer time horizon include a more aggressive investment mix
- portfolios for those close to retirement hold more conservative investments
- LifeTime Strategic Income targets retirees.
The funds are actively managed by Invista Capital Management, the equity asset management arm of the Principal Financial Group.