Citizens Funds Retirement AMT-Free Trust 2045 Fund Class R1 is a target-date mutual fund specifically designed to align with investors who plan to retire around the year 2045. The fund’s primary function is to provide a diversified, professionally managed investment solution that automatically adjusts its asset allocation as the target retirement year approaches. Early in its lifecycle, the fund emphasizes growth by investing heavily in equity and growth-oriented assets, aiming to build capital over time. As 2045 nears, its allocation gradually shifts toward more conservative holdings such as fixed income and cash equivalents, with the goal of reducing risk and preserving capital for retirees. Notably, the fund focuses on investments that are exempt from the federal alternative minimum tax (AMT), which can be particularly advantageous for individuals subject to higher tax liabilities. Citizens Funds Retirement AMT-Free Trust 2045 Fund Class R1 serves as a comprehensive vehicle for retirement planning, integrating elements of tax efficiency, risk adjustment, and long-term growth within a single portfolio, and plays a significant role in supporting the retirement objectives of its investors.
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