flexPATH Index+ Conservative 2055 Fund Class R1 is a target date collective investment trust designed for participants expecting to retire around 2055 who prefer a more conservative risk profile. The strategy follows a multi‑glidepath framework that emphasizes greater allocations to bonds and other defensive assets relative to typical target date peers, with the goal of enhanced stability and capital preservation as retirement approaches. It leverages an open‑architecture approach to select and monitor underlying managers and index exposures, seeking broad diversification across global equities, fixed income, and complementary assets such as TIPS, commodities, and real estate investment trusts. The fund’s Index+ design combines low‑cost indexed building blocks with fiduciary oversight of asset allocation and manager selection, enabling a personalized “PATH” aligned to investor risk tolerance. Within the flexPATH suite, the Conservative path is tailored for higher savings rates or larger balances where downside management is prioritized, positioning the fund as a structured, professionally managed retirement solution within defined contribution plans.
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