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Friday, 04 April 2025 10:06

Voya Launches New Target Date Fund

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Voya Financial is expanding its target-date offerings with the launch of the MyCompass Target Date Blend Series, a new collective investment trust (CIT) overseen by Great Gray Trust Company. 

 

This addition strengthens Voya’s foothold in the growing target-date market, where it already manages more than $25 billion in assets. Sub-advised by flexPATH Strategies, the series benefits from Voya Investment Management’s expertise as a glide path fiduciary, ensuring thoughtful asset allocation. 

 

Designed to complement Voya’s existing MyCompass Index and MyCompass American Funds solutions, the Blend Series mirrors the firm’s Target Retirement Trust (TRT) framework. Key features include a participant-focused glide path, a mix of active and passive strategies, a multi-manager approach for diversification, and stable value fund allocations to reduce volatility for those nearing retirement. 


Finsum: The finer details such as the glide path can make a huge difference for clients.