This is a formula in the design of a target-date fund that describes allocating assets for the fund. It is based on how many years there are to the target date. It creates an asset allocation that usually becomes more cautious the closer a fund nears its target date.
Glide Path
This is a formula in the design of a target-date fund that describes allocating assets for the fund. It is based on how many years there are to the target date. It creates an asset allocation that usually becomes more cautious the closer a fund nears its target date.
