db-X 2020 Target Date Fund - Zacks ETF Series

TDH is a lifecycle fund designed for investors who were planning to retire or have a life event in 2020. The fund looks to employ a relatively conservative asset allocation strategy with heavy exposure to bonds and equities, nearly in identical amounts.

This db-X In-Target Date Fund seeks investment results generally corresponding to the performance, before fees and expenses, of the Zacks 2020 Lifecycle Index-a passively managed, rules based methodology comprised of publicly traded common stock, bonds and ADRs developed by Zacks Investment Research. Index constituents represent a diversified group of securities from three broad asset classes: international equities, domestic equities and fixed income. Currently, fixed income makes up close to 50% of the portfolio while international equities make up a little over one-tenth of the total holdings. Investors should note that as the retirement date approaches, the fund will shift more of its equity exposure over into fixed income, thereby reducing volatility but also cutting down on the possibility for high returns. For more on this fund, check out the ETF's home page.