Nuveen Lifecycle Index 2035 Fund I (TLYHX)

Overview

The fund described is a "fund of funds," which means it primarily invests its capital in Class W shares of other funds within the same Trust, in addition to potentially investing in different investment pools or products. This investment strategy is underpinned by a policy that mandates at least 80% of its assets (which include net assets and any borrowed amounts for investment purposes) are to be allocated to underlying funds. These underlying funds are managed with the objective of seeking investment returns that mirror particular market indices. The fund's allocation strategy as advised currently stands at approximately 68.40% in equity underlying funds and 31.60% in fixed-income underlying funds, highlighting a diversified investment approach balancing equity and fixed-income assets.

Products and Services

• Equity Underlying Funds

These funds represent 68.40% of the fund's assets and are specifically chosen for their potential to provide returns that track various equity market indices. This category includes a diverse range of equity funds, each selected based on their performance, risk management strategies, and alignment with the fund’s investment goals.

• Fixed-Income Underlying Funds

Accounting for 31.60% of the fund's assets, these funds are focused on generating returns from investments in fixed-income securities. The objective is to provide a steady stream of income while also aiming for capital preservation, aligning with the fund’s strategy to balance risk and reward by investing in both equity and fixed-income vehicles.