5. alma recently started investing in a target - date fund with a planned retirement date that is 38 years…

5. alma recently started investing in a target - date fund with a planned retirement date that is 38 years in the future. how is the portfolio in her tdf most likely allocated?\nmajority stocks and a small percentage of bonds\nhalf stocks and half bonds\nmajority bonds and a small percentage of stocks\nher tdf allocation will depend on the specific securities she selects
Answer
Brief Explanations:
Target - date funds typically have a more aggressive allocation (more stocks) when the retirement date is far in the future. With 38 years until retirement, a majority of stocks and a small percentage of bonds is common to seek higher long - term growth.
Answer:
Majority stocks and a small percentage of bonds