State Street Target Retirement 2040 Fund (SSCQX)
State Street Target Retirement 2040 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $17.50, up 0.46% on the session, giving a market capitalisation of $3.71B. Its beta of 1.18 implies it has historically moved more than the broad market.
This fund, overseen by SSGA Funds Management, Inc. (the Adviser), utilizes its unique asset allocation methodology. Operating as a "fund of funds," it strategically invests in a diverse selection of mutual funds and exchange-traded funds (ETFs) sponsored by the Adviser or its affiliates. It is specifically designed for investors planning to retire approximately in 2040, at which point new contributions to the fund are typically expected to stop.
State Street Target Retirement 2040 Fund is most often compared with the following Financial Services names: