Investment Guide: Choosing a Target Date Fund

With 12 age-specific portfolios designed specifically for CCOERA plan participants, CCOERA target date funds can help simplify retirement investing. Each fund is a complete, diversified investment program. You can view these TDFs and our full investment lineup here.

How target date funds work

CCOERA target date funds spreading money across many different investment options. The objective for each fund is to achieve the highest total potential return over time, combined with an appropriate level of risk that’s consistent with its asset mix. That means you may be less likely to miss out on opportunities in any particular investment category.

Professional investment managers automatically allocate your savings among CCOERA funds, which include diverse asset classes. Funds that are furthest away from the target year of retirement start out invested almost entirely in equities to emphasize the growth potential you need to build value over the long term. As you move closer to your target retirement year, your asset allocation automatically adjusts to a mix expected to experience lower volatility under a broad range of market conditions.

By the time you move into retirement, your CCOERA target date fund will focus on preserving your savings and producing income by investing in a mix of stocks, bonds and diversifiers.

It’s easy to pick your retirement date

Each CCOERA target date fund is labeled according to the approximate year when a participant expects to retire and begin withdrawing from their account.

To select a target date fund, look at the year you were born and the expected retirement date range. You can choose that target date fund, or you can choose a different one. It’s up to you, and you can change it at any time. Once you’ve chosen a CCOERA target date fund, it changes with you over time. The fund gradually and automatically shifts to a more conservative approach as you get closer to retirement age.

Custom designed by experienced investment professionals

Innovest Portfolio Solutions LLC applies decades of investment experience across the capital markets to design and maintain CCOERA target date funds to meet the unique needs of CCOERA participants.

Is a CCOERA target date fund right for you?

Ask yourself these questions:

  • Do I have the desire to select my own mix of individual funds?
  • Do I have the confidence to decide how much to invest in each fund?
  • Do I have the time to keep an eye on my investments and make changes as I get closer to retirement?

If you answered no to one or more of these questions, a CCOERA target date fund may be the simplest way for you to invest.

How to sign up

  • Make changes to your account here, or
  • Call 800.352.0313 (Press 0 for call center services, then 1 for the CCOERA automated response line)

Please consider the investment objectives, risks, fees and expenses carefully before investing. Additional disclosure documents can be obtained from your registered representative or Plan website. Please read them carefully before investing.