DRIGX

About DRIGX

The Dimensional 2035 Target Date Retirement Income Fund Institutional Class is a mutual fund designed to help individuals save for retirement with a target horizon around the year 2035. The fund primarily aims to provide a total return that aligns with the needs and risk profiles of investors approaching retirement. To achieve this, it follows a dynamic asset allocation strategy—initially allocating a higher proportion of its holdings to equities for growth potential, then gradually shifting toward fixed income assets as the target date nears to prioritize capital preservation and income stability. This approach seeks to reduce equity risk and lower volatility, supporting more stable inflation-adjusted income during retirement years. The fund is structured as a fund-of-funds, investing in a diversified mix of underlying mutual funds managed by Dimensional Fund Advisors. Sectors impacted by this strategy include domestic and international equities, government and corporate bonds, and inflation-protected securities. Upon reaching its target date, the fund is expected to closely align its allocation with that of the Dimensional Retirement Income Fund, facilitating a smooth transition for investors' decumulation needs. Its role in the financial market is to offer a streamlined, disciplined investment solution for long-term retirement planning, leveraging broad diversification and systematic rebalancing for individuals seeking a managed glide path toward and through retirement.