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Funds that adjust the asset allocation weights in the portfolio to match the needs of an investor who is nearing retirement are known as

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User Brian Vo
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7 votes

Answer:

Target date funds.

Step-by-step explanation:

Funds that adjust the asset allocation weights in the portfolio to match the needs of an investor who is nearing retirement are known as target date funds. This is achievable because it can mix up several types of investments, bonds and stocks, which allows the investor to take more risks at a younger age or work in service and move to a more conservative investment with respect to the target date.

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User J Avery
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