Ms. Pulsoni now helps Guiding Eyes raise money, and has received a plaque for lifetime fund-raising of $15,000.
Of course, most of its $68 billion in lifetime project funding is not there yet.
Other target-date funds losing big chunks of their investors' capital include AllianceBerstein 2010 Retirement Strategy (LTDAX), with a negative total return of 36% in 12 months, Principal LifeTime 2010 Fund (PTTIX), which is down 33%, Goldman Sachs Retirement Strategy 2010 (GRCAX), which is down 35%, and RiverSource Retirement Plus 2010 Fund with a 12-month total return of -31%.
Mrs. Eweson generously supported the College during her lifetime, establishing funds for faculty support and development, and contributed her time selflessly as a Trustee.
This is the buying opportunity of a lifetime says fund manager Marty Whitman.
There are many animal care facilities with no lifetime care fund and no one to take over if something happens to the director.
Some private equity firms take what tax experts consider a less aggressive approach to the conversions, waiving fees on all of a given fund's investments over the lifetime of the fund, which can be 10 years.
Alternatively, it's possible to leverage the lifetime exemption by funding a trust with all or part of the tax-free amount and selling significantly more assets to the trust in return for a promissory note with interest.
Unlike investors in hedge funds, they cannot redeem their cash whenever they want to but have to wait until the lifetime of the fund expires, short of finding a willing third party to buy them out.
After a lifetime of homeschooling, funds have run out and they must go to a normal school with other children.
