Guarding Retirees From Interest Rate Risk With The Help Of CoRI
Last time, we discussed how DFA's target-date retirement income funds can help guard retirees from interest rate risk. Today, I want to look at another example of a bond fund used as a safeguard against interest rate risk: BlackRock’s series of CoRI Retirement Indices.
Pfau, Wade D. PhD, "Guarding Retirees From Interest Rate Risk With The Help Of CoRI" (2017). Faculty Publications. 727.