Wilmington Trust Collective Investment Trust - Retirepilot Aggressive 2055 Fund (GRPADX)
| 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 | 17.34 |
| YTD Return | 12.12% |
| 1-Year Return | 23.97% |
| 5-Year Return | n/a |
| 52-Week Low | 14.01 |
| 52-Week High | 17.58 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GRPADX
The CIT: RetirePath AGGR 2055 Fund Class R1 is a target date retirement mutual fund designed for individuals planning to retire around the year 2055. As a target date fund, its primary purpose is to offer a diversified investment solution that adjusts its asset allocation over time, becoming gradually more conservative as the retirement date approaches. In its early years, the fund typically maintains a higher allocation to equities and other growth-oriented assets to help capitalize on long-term growth potential. As 2055 nears, it systematically shifts towards fixed income and more stable investments to focus on capital preservation and income generation. This all-in-one approach provides a straightforward strategy for retirement savers, helping them manage risk and growth needs in a single vehicle. The fund plays a significant role in retirement planning, especially within employer-sponsored retirement plans, by automating asset allocation and rebalancing according to a set glide path tailored to the target retirement date.
Performance
GRPADX had a total return of 23.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 22.03%.