The following TD Emerald retirement target date funds are the default option:
Under retirement target date funds, participants select the fund with the date closest to their planned year of retirement. If they are defaulted into this option, the fund that corresponds closest to their retirement date at age 65 is used.
The retirement target date funds are rebalanced on an on-going basis. The target asset mix is normally adjusted at the end of each quarter.
For participants born before 1951, the default fund is the TD Emerald Retirement Income Pooled Fund Trust. This is also the fund where the participants’ asset will be transferred once the target year is over.
The following funds are also offered: