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Market Cap: $3.75B

NR

Nuveen Lifecycle Index 2060 Fund R6

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The content published on Cashu Finance is for informational purposes only and should not be construed as investment advice, a recommendation, or an offer to buy or sell any securities. All opinions expressed are those of the authors and do not reflect the official position of Cashu Technologies Pty Ltd or its affiliates. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.

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Company Profile

This investment vehicle functions as a "fund of funds," meaning it primarily allocates its capital to other investment portfolios rather than investing directly in individual securities. It predominantly invests in Class W shares of other funds within the same Trust, with the flexibility to also include other investment pools or products. A fundamental policy dictates that a minimum of 80% of its total assets (encompassing both net assets and any funds borrowed for investment purposes) must be channeled into underlying funds whose objective is to replicate the returns of specific market indices. As of now, the advisors expect to commit approximately 93% of the fund's capital to underlying equity-focused funds, while the remaining 7% is earmarked for underlying fixed-income investments.

SectorFinancial Services
IndustryAsset Management
IPO DateSep 29, 2014
ExchangeNASDAQ
Exchange NameNASDAQ

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Headquarters & Contact
AddressNew York NY 10017
City / State / ZIPNew York, NY, 10017
CountryUnited States
Websitehttps://www.nuveen.com/en-us/mutual-funds/nuveen-lifecycle-index-2060-fund?shareclass=R6