Target Date Funds Debut

June 05, 2009 at 08:00 PM
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Great-West Retirement Services has launched the Maxim Lifetime Asset Allocation Series of funds.

The target-date funds offer a menu of 28 underlying funds, "glide paths" that can suit the needs of investors with different levels of risk tolerance, a team of 20 investment managers, and a mixture of active and passive management, according to Great-West, Greenwood Village, Colo.