What Are Zacks Lifecycle Indices?

Zacks Lifecycle Indices are a set of Zacks Investment Research, Inc. indices that serve as a benchmark for the lifecycle allocation of various target-date funds, with a separate index for each target date. The Zacks Lifecycle Indices are comparative benchmarks for lifecycle or target-date funds, which have grown popular among investors saving for retirement, particularly those who lack the expertise or motivation to be actively involved in their assets’ management. The asset allocation, or glide path, gets more cautious as the goal date approaches.