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State Farm Lifepath 2030 Fund Institutional Shares: (MF: SAYIX)

(NASDAQ Mutual Funds) As of Dec 13, 2018 08:15 PM ET

$13.52 USD

0 (NA)

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Fund Description

Incepted in May 2003, the fund is managed by State Farm Investment Management Corp. The fund is managed for investors planning to retire (or begin to withdraw substantial portions of their investment) approximately in the year 2030. The fund is designed to produce high total return for investors expecting to begin withdrawing assets around the year 2030. The fund pursues a strategy of allocating its assets among underlying funds. The fund invests about 80% of its assets in equity funds and the remaining in bond funds. The fund distributes dividends and capital gains annually.