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L 2065

First, let's answer a few questions.

  • You should consider investing in the L 2065 Fund if you plan to withdraw from your account in 2063 or later.

  • The L 2065 Fund is for long-term investor.

  • Your investment in the L 2065 Fund will help you to achieve the best expected return for the amount of expected risk that is appropriate for your time horizon. The L 2065 Fund makes the investing process easy for you because you do not have to figure out how to diversify your account or how and when to rebalance - it’s done for you.

The L 2065 Fund’s investment objective is to achieve a high level of growth with a very low emphasis on preservation of assets. The Fund's allocation in the G, F, C, S, and I Funds is adjusted quarterly. The L 2065 Fund will roll into the L Income Fund automatically in July 2065 when its allocation becomes the same as the allocation of the L Income Fund.

Performance

Average annual returns
2020 YTD 1 Yr 3 Yrs 5 Yrs 10 Yrs
- - - - -
  • Details As of 12/31/2019

    Assets
    $136.5 billion

    Net administrative expenses
    This fund did not exist in 2019.

    Other expenses
    This fund did not exist in 2019.

    Inception date
    6/30/2020

    Allocation target

  • L 2065 Allocation

  • Fees As of 12/31/2019

    Net administrative expenses1
    This fund did not exist in 2019.

    Other expenses2
    This fund did not exist in 2019.

    1. Expenses for this fund will become available in January 2021.
    2. Fees paid to the investment manager.

    Additional information

    The L 2065 Fund is designed for you if your time horizon falls within the 2062 or later range. The asset allocation of this fund is adjusted quarterly, moving to a more conservative mix, gradually approaching that of the L Income Fund. Between quarterly adjustments, the asset allocation of the L 2065 Fund is maintained through daily rebalancing to the fund’s target allocation.

    Remember, however, that expected risk and return are based on assumptions about future economic conditions and investment performance. There is no guaranteed rate of return for any period, either short-term or long-term. For the fund’s historical returns, visit Share Price History. Past performance does not guarantee future results.