CIT: flexPATH Index+ Aggressive 2055 Fund Class R1 (WFPAEX)
| 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 | 31.00 |
| YTD Return | 11.13% |
| 1-Year Return | 22.44% |
| 5-Year Return | 62.66% |
| 52-Week Low | 25.31 |
| 52-Week High | 31.40 |
| Beta (5Y) | 0.88 |
| Holdings | n/a |
| Inception Date | n/a |
About WFPAEX
The flexPATH Index+ Aggressive 2055 Fund Class R1 is a target date mutual fund tailored for investors seeking to maximize asset growth with a long-term retirement horizon, specifically aiming for the year 2055. As a target date fund, it offers a professionally managed, diversified portfolio that automatically adjusts its asset allocation as the target year approaches. Early in its glidepath, the fund emphasizes higher exposure to growth-oriented assets such as global equities, commodities, and real estate investment trusts, which can help capture long-term appreciation. Over time, the allocation gradually shifts to include a greater proportion of fixed income and inflation-protected securities, aiming to reduce volatility and preserve wealth as retirement nears. The portfolio is managed with an open-architecture approach, selecting underlying investments independently to enhance diversification and potential performance. This fund is notable for its robust risk management practices, fiduciary oversight, and use of both quantitative and qualitative research within its selection process. Serving participants in workplace retirement plans and individual investors planning for retirement, the flexPATH Index+ Aggressive 2055 Fund Class R1 provides a simple, comprehensive investment solution designed to adapt to changing risk profiles over time.
Performance
WFPAEX had a total return of 22.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.07%.