CIT: MyWayRetirement Index 2030 Fund Class R (WMYATX)
| 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 | 17.69 |
| YTD Return | 6.38% |
| 1-Year Return | 13.80% |
| 5-Year Return | 31.60% |
| 52-Week Low | 15.58 |
| 52-Week High | 17.85 |
| Beta (5Y) | 0.64 |
| Holdings | n/a |
| Inception Date | n/a |
About WMYATX
MyWayRetirement Index 2030 Fund Class R is a target-date mutual fund designed to help investors prepare for retirement by the year 2030. Its primary function is to offer an automatic asset allocation strategy that gradually adjusts over time, balancing growth potential with risk management as the target retirement date approaches. The fund initially emphasizes capital appreciation through exposure to equities and gradually shifts toward capital preservation, increasing allocations to more conservative investments as investors near retirement. This dynamic adjustment, known as the 'glide path,' aims to match investors’ evolving risk profiles and retirement timelines. MyWayRetirement Index Funds are intended to guide investors up to their retirement date, assuming contributions will continue until the target year is reached, after which withdrawals typically begin. By focusing on long-term growth that corresponds to investors’ anticipated retirement dates, the fund serves a central role for individuals seeking a managed, diversified solution for retirement planning within the broader financial market.
Performance
WMYATX had a total return of 13.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.72%.