The minimum holding period of general pension target fund investors is 1 year, 3 years, etc. , and the closure period will not be less than one year. During the closed period, investors cannot trade through fund companies and third-party fund sales platforms. If the fund is listed, investors can also transfer the fund shares into the market, otherwise they must wait for the open subscription. "

Pension target funds, funds invested in funds (FOF) and fund portfolios spread risks. Encourage long-term holding (the shortest holding period).

Classification: Target pension funds are divided into two categories, target date and target risk.

Benefits and risks: the benefits and risks of the two strategies will be different.

In 20 17, the scale of American target funds reached $65,438 +0.44 trillion, an increase of 30.5% compared with 20 16, and it has been growing. The third pillar pension accounts for about 30%, which has become an important part of the pension system. The third pillar of China's pension is still in a blank stage. It is estimated that the size of China's pension market will approach 10 trillion US dollars in five years. The first batch of pension funds have been approved and will be put on the market soon. The market potential is huge, which will become a powerful help for people to support the elderly.