MoA Clear Passage 2045 Fund USD, Mutual of America (MURMX)

Overview

The fund described operates as part of an investment company that offers a range of series focusing on different financial goals and strategies. Specifically, this fund targets individuals aiming for retirement, adjusting its investment strategy as the target retirement date approaches. The fund's primary objective is to balance the preservation of capital with the generation of income, ensuring that as investors near retirement, their investments become more conservative to decrease the risk of significant losses close to the retirement period. The investment adviser plays a crucial role in selecting the proportions of investments in various series within the Investment Company to align with the fund's goal.

Products and Services

• Target Retirement Funds:

These funds are designed for investors with a specific retirement date in mind, adjusting their asset allocation and risk level as the retirement date approaches. As the target date gets closer, the fund automatically shifts towards more conservative investments, such as bonds and cash equivalents, to preserve capital and ensure income production suitable for the retirement phase.

• Investment Advisory Services:

Expert investment advisers curate the fund's portfolio, selecting the optimal mix of the Investment Company’s series to meet the retirement fund's objectives. This personalized advisory service ensures that the fund's investments are well-positioned to achieve a balance between growth in the early years and capital preservation as retirement approaches.