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Fund Insight

The Best Target Date Funds for Kids

These funds invest in multiple asset classes and dynamically change the asset mix– to keep your investment safe for when you need to withdraw it!

Ian Tam, CFA 10 September, 2020 | 1:51AM
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Out of Focus Dart Target

As Canada readies itself for an uncertain back-to-school season, parents may be worried about the future costs of post-secondary education. The good news is, if there is some time between now and when your future genius starts undergrad or college, the combination of the tax-shelter provided through an RESP and well-selected a target date fund can provide a reasonable dent into future debt.

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About Author

Ian Tam, CFA  is Director of Investment Research at Morningstar Canada. 

 

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