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The title already says it.

To expand on this, I read about target date funds on this site. Essentially, they try to provide bigger gains with bigger risks at the start, and "automatically" become more conservative, the closer the target date comes.

As far as I know, in Germany, we have several funds with different risk strategies made specifically for retirement (e. g. from the DekaBank), but the shift towards more conservative strategies, I have to do on my own.

Isn't there such a product in Germany, and if not, why? Is it maybe due to regulations?

glglgl
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1 Answers1

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It turns out that I didn't do the appropriate research.

There are products called "Zielfonds" (nearly the same name, 1:1 translated) or "Lebenszyklusfonds" (life cycle fund) which offer about the same functionality. However, they do so by specifying a range of years (e. g. 2014-2019, 2045-2050 and so on).

Edit: Be aware that "Zielfonds" is also used for the components of a "Dachfonds" (fund of fonds). What adds to this confusion is the fact that some target date funds may actually be funds of funds, and vice versa.

glglgl
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