State Street Target Retirement 2060 Fund Class I (SSDWX)
NASDAQ NASDAQ Primary Summary
SSDWX Chart
State Street Target Retirement 2060 Fund Class I (SSDWX) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has State Street Target Retirement 2060 Fund Class I ever had a stock split?
State Street Target Retirement 2060 Fund Class I Profile
| NASDAQ Exchange | United States Country |
Overview
SSGA Funds Management, Inc., commonly referred to as SSGA FM, fulfills the role of investment adviser for the Target Retirement 2060 Fund through the application of a specialized asset allocation strategy. The essence of this approach is to tailor the fund's investment portfolio towards the anticipated retirement timeline of its investors, specifically targeting the year 2060. By adopting this strategy, SSGA FM seeks to accommodate the investment needs and retirement planning aims of individuals who project their retirement around this time frame, providing a structured pathway towards achieving their financial goals.
Products and Services
Among the products and services offered by SSGA Funds Management, Inc. in managing the Target Retirement 2060 Fund, two principal categories stand out:
- Target Retirement 2060 Fund:
- Proprietary Asset Allocation Strategy:
This distinct offering by SSGA FM is designed as a "fund of funds", implying that it invests its assets across a diversified portfolio of mutual funds and exchange-traded funds (ETFs). These underlying funds are exclusively sponsored by SSGA FM or its affiliate institutions, ensuring a coherent and aligned investment strategy across all components of the fund. The primary objective here is to provide a comprehensive investment solution that dynamically adjusts its asset allocation to match the evolving risk and return profiles suitable for investors as they approach the year 2060.
SSGA FM employs a proprietary asset allocation strategy in the management of the Target Retirement 2060 Fund. This involves a sophisticated analysis and application of asset mix decisions to balance the risk-versus-return trade-offs according to the retirement time horizon of the fund's investors. The strategy is predicated on a deep understanding of market dynamics, investment theory, and the specific needs of those investing with an eye towards retiring around the year 2060. Through this tailored approach, SSGA FM aims to optimize the fund's performance, catering to the unique investment journey of its clientele as they progress towards their retirement.
