In a first phase, TARGET 2035 is investing 70% in stocks and equity securities traded that invests primarily in stocks.
TARGET 2045 initially invests 95% in stocks and equity securities traded that invests primarily in stocks.
The exposure of both funds is diversified globally and has a higher risk tolerance in the first years, when the investment horizon is far. The allocation of assets gradually target fixed-income financial instruments so that the investment risk lowers as the target date is nearing, the statement reads.