RiverSource Retirement Plus 2040 Y
200 Ameriprise Financial Center,
Phone: 888-791-3380
| Category: | Target Date 2036-2040 | | Fund Family: | RiverSource | | Net Assets: | 9.30M | | Year-to-Date Return: | 1.43% | | Yield: | 2.44% | | Morningstar Rating: |  | | Fund Inception Date: | 18-May-06 |
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Colin Lundgren
Lead Manager since
18-May-06 | | | Lundgren is vice president of Institutional Fixed Income. He began his career at RiverSource Investments in 1986 and became the Manager of the Investment Statistical Group in 1989. He has held positions of responsibility for the development and operation of enhanced equity index products, fixed income quantitative analysis, and mortgage sector analysis. In 1995, he became a portfolio manager. |
| Min Initial Investment: | $2,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks high total return through a combination of current income and capital appreciation, consistent with its current asset allocation. The fund invests in a combination of underlying funds for which RiverSource Investment or an affiliate acts as investment manager or principal underwriter. The management allocates assets within and across different asset classes. It is managed for investors planning to retire or to begin withdrawing assets around the year 2040. |
| Last Dividend
(22-Dec-08):
| 0.16 | | Last Cap Gain
(20-Dec-07):
| 0.83 | | Annual Holdings Turnover
| N/A | | Average for Category:
| 37.07% |
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| Expense | RPFYX | Category
Avg | | Total Expense Ratio: | 0.85%
| 0.82% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | %
| 5.30% | | Max Deferred Sales Load: | %
| 2.25% | | 3 Yr Expense Projection*: |
$404 | $767 | | 5 Yr Expense Projection*: |
$745 | $1,331 | | 10 Yr Expense Projection*: |
$1,710 | $2,658 |
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0.11 (1.58%)
