“This innovative, instant-diversification product is designed to meet rising institutional demand for a flexible, market-sensitive approach in this category,” said Jam Zovein, managing director at Nuveen. “Historically, many target-date funds fail to give adequate consideration to liabilities.”
The Nuveen Personal Plan Target Maturity funds have target dates of 2010, 2020, 2030, 2040 and 2050.