The Morningstar Asset Allocation Index family includes two index series designed to benchmark target-date and target-risk investment products. The Morningstar Lifetime Allocation Index series consists of 13 indexes available in three risk profiles: aggressive, moderate, and conservative. The five indexes in the Morningstar Target Risk Index series represent equity market risk levels ranging from aggressive to conservative.
All of the indexes are built on asset allocation methodologies developed by Ibbotson Associates, a leader in asset allocation research and a Morningstar company since 2006. The Asset Allocation Indexes provide pure asset-class exposure to global equities, global fixed-income, commodities, and Treasury Inflation-Protected Securities (TIPS) by using existing Morningstar indexes as allocation building blocks. |
