flexPATH Index+ Moderate 2035 Fund Class R1 is a target-date mutual fund designed to help retirement savers transition from growth to preservation as they approach 2035. The strategy follows a professionally managed, diversified glidepath that gradually reduces equity exposure and increases fixed income over time, aiming to align portfolio risk with an investor’s evolving time horizon. According to the sponsor, the Index+ design emphasizes low-cost implementation, open‑architecture selection of underlying managers and funds, and multiple glidepath options to accommodate varying risk preferences. It typically blends global equities—potentially including real estate investment trusts and commodities for added diversification—with U.S. inflation‑protected and other fixed income securities to moderate volatility approaching the target date. The fund’s role in the market is to offer a simplified, all‑in‑one retirement allocation that consolidates asset selection, rebalancing, and risk management, serving plan participants and long‑term investors seeking a systematic path toward retirement readiness.
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