Index Description

The Zacks 2040 Lifecycle Index is designed for investors expecting to retire in 2040. The objective of the Index is to select a diversified group of stocks, bonds, and complementary securities with the potential to outperform on a risk-adjusted basis general market benchmarks. The Index constituent selection methodology utilizes multi-factor proprietary selection rules to determine the optimal mix of domestic stocks, international stocks and fixed income securities in the overall allocation and to identify those securities that offer the greatest potential from a risk/return perspective. The approach is specifically designed to enhance investment applications and investability. The Index is adjusted annually, or as required, to assure timely stock selections.