Barclays Global Investors Canada has recently introduced its new lifecycle funds.

“LifePath Portfolios are a good option for companies whose employees have limited investment experience and also those who may be investment savvy,” says Cary Blake, the company’s head of global indexes & market groups Canada.

Each fund is index-based, broadly diversified and designed for both an appropriate risk tolerance and a target date for when the money will be needed.

As time passes, the investment mix gradually shifts from a concentration of higher-risk investments to a great concentration of lower-risk investments to coincides with an employee’s retirement.

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