- Target Retirement 2040 Fund
The fund seeks to provide capital appreciation and current income consistent with its current asset allocation.
The fund invests primarily in shares of other registered investment companies (the “underlying funds”) according to an asset allocation strategy developed by Madison for investors planning to retire in or within a few years of 2040. Over time, the fund’s asset allocation will become more conservative until it reaches approximately 10-30% in stock funds and 70-90% in bond funds. The asset allocation strategy is designed to reduce the volatility of investment returns in the later years while still providing the potential for higher total returns over the target period.
Strategy Overview & Quarterly Fund Fact Sheet
|(as of Friday April 28, 2017)|
Links to other Madison Funds information:
David Hottmann, CFA, CPA
Dave leads Madison's Asset Allocation efforts and is a member of the Investment Strategy Committee. He is a portfolio manager for the Madison Managed Account Program (MAP). He joined Madison from ACS Johnson Investment Advisors where he served as Chief Investment Officer. Mr. Hottmann earned a BBA in Finance from the University of Wisconsin and is a CPA.
Patrick Ryan, CFA
Patrick is co-portfolio manager of Madison's Asset Allocation portfolios and has more than 10 years of industry experience. Patrick joined Madison from MEMBERS Capital Advisors where he was a Senior Analyst responsible for managing MCA’s asset allocation program. He holds a BBA from the University of Wisconsin.
|Top Ten Fund Holdings|
|(as of December 31, 1969)|
|% of Fund in Top Ten Securities||0.0%|
Complete Holdings List