Zacks Lifecycle Indices are a set of indices created by Zacks Investment Research that seek to track the performance of portfolios based on specific lifecycle stages. The indices aim to provide investors with a benchmark to evaluate the performance of portfolios that are designed for investors at different stages of their investment journey, from accumulation to retirement.The Zacks Lifecycle Indices are comprised of a series of target-date indices that are constructed based on a glide path methodology. This means that the asset allocation of each index is designed to gradually shift over time from a more aggressive equity-oriented portfolio to a more conservative fixed-income oriented portfolio as the target date approaches.Each of the Zacks Lifecycle Indices represents a different lifecycle stage, with each index having a unique target date that is aligned with a typical investor's expected retirement age.For example, the Zacks 2050 Lifecycle Index might represent an investor who is expected to retire in the year 2050 and who has a relatively long-term investment horizon. On the other hand, the Zacks 2030 Lifecycle Index might represent an investor who is closer to retirement and has a shorter investment horizon.The Zacks Lifecycle Indices can be useful for investors who are looking to benchmark their lifecycle portfolios, or for financial advisors who are looking to construct portfolios for clients based on their specific investment goals and risk tolerance. Additionally, the indices can also serve as a useful resource for asset managers and investment product providers who are looking to create investment products that are aligned with the needs of different lifecycle stages.
