CIT: IndexSelect Conservative 2055 Fund Class R (WICAGX)
| 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 | 24.57 |
| YTD Return | 10.50% |
| 1-Year Return | 20.50% |
| 5-Year Return | 53.39% |
| 52-Week Low | 20.43 |
| 52-Week High | 24.91 |
| Beta (5Y) | 0.89 |
| Holdings | n/a |
| Inception Date | n/a |
About WICAGX
IndexSelect Conservative 2055 Fund Class R is a target date collective investment trust designed for participants expecting to retire around 2055 who prefer a more conservative glidepath. The fund’s primary purpose is to deliver a professionally managed, diversified asset allocation that gradually shifts from growth-oriented equities toward a higher allocation to fixed income as the target date approaches, emphasizing stability and capital preservation relative to more aggressive paths. The strategy is built within a multi-glidepath framework—conservative, moderate, and aggressive—allowing investors to align risk with savings needs and preferences; the conservative path is aimed at savers with higher balances or savings rates who can limit risk while targeting a steadier retirement income pattern. The fund employs open-architecture selection of underlying managers and index exposures to combine broad global stock exposure with bonds, including inflation-protected and other fixed income securities, to temper volatility. Positioned within workplace retirement plans, it serves as a turnkey solution that simplifies portfolio construction, ongoing rebalancing, and de-risking over time for long-horizon retirement investors.
Performance
WICAGX had a total return of 20.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.33%.