Wilmington Trust Collective Investment Trust - Myguide American Fund Target Date 2060 Fund (GMGAKX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 16.42 |
| YTD Return | 9.97% |
| 1-Year Return | 19.68% |
| 5-Year Return | n/a |
| 52-Week Low | 13.59 |
| 52-Week High | 16.58 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GMGAKX
CIT MyGuide American Funds 2060 Fund Class R is a collective investment trust designed as a target date retirement fund. Its primary function is to help participants accumulate assets for retirement, aligning its investment strategy with a projected retirement year of 2060. The fund offers a diversified portfolio spanning stocks and bonds, and is structured so that the asset allocation gradually becomes more conservative as the target retirement date approaches. This shifting "glide path" aims to balance growth potential and risk management based on the evolving needs of long-term investors. CIT MyGuide American Funds 2060 Fund Class R is available primarily to qualified retirement plans, such as 401(k)s, and is not open to the general public or individual investors. The fund leverages the expertise of professional managers who oversee allocation decisions, helping plan administrators construct well-diversified and professionally managed retirement savings programs.
Performance
GMGAKX had a total return of 19.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.28%.