Monthly Performance as of 06/30/2019
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Expense Ratios as of 03/01/2019
||Gross Expense Ratio
||Net Expense Ratio3
|1290 Retirement 2020 - Class I Shares||3.98%||0.65%|
|1290 Retirement 2025 - Class I Shares||3.30%||0.65%|
|1290 Retirement 2030 - Class I Shares||4.76%||0.65%|
|1290 Retirement 2035 - Class I Shares||4.00%||0.65%|
|1290 Retirement 2040 - Class I Shares||5.31%||0.65%|
|1290 Retirement 2045 - Class I Shares||4.95%||0.65%|
|1290 Retirement 2050 - Class I Shares||5.21%||0.65%|
|1290 Retirement 2055 - Class I Shares||5.28%||0.65%|
|1290 Retirement 2060 - Class I Shares||5.28%||0.65%|
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. For the most current month-end performance data please call (888) 310-0416.
One cannot invest directly in an index.
Returns for periods of less than one year are not annualized.
1Fund inception date of Febuary 27, 2017.
2The S&P Target Date® Index Series comprises eleven multi-asset class indices, each corresponding to a particular target retirement date. The asset allocation for each index in the series is determined once a year through survey of large fund management companies that offer target date products. Each index is fully investable, with varying levels of exposure to equities, fixed income and commodities.
3Pursuant to a contract, 1290 Asset Managers® has agreed to make payments or waive its management, administrative and other fees to limit the expenses of the Fund through April 30, 2020 (unless the Board of Trustees consents to an earlier revision or termination of this arrangement) (“Expense Limitation Arrangement”) so that the annual operating expenses (including Acquired Fund Fees and Expenses) of the Fund (exclusive of taxes, interest, brokerage commissions, capitalized expenses (other than offering costs), 12b-1 fees, and extraordinary expenses not incurred in the ordinary course of the Fund’s business) do not exceed an annual rate of average daily net assets of 0.65% for Class A shares, Class T shares, Class I shares and Class R shares of the Fund. The Expense Limitation Arrangement may be terminated by 1290 Asset Managers® at any time after April 30, 2020.