Industry description
The investment seeks a high level of total return consistent with a level of risk that can be expected to be greater than that of Voya Retirement Moderate Portfolio but less than that of Voya Retirement Growth Portfolio.
The fund invests in a combination of underlying funds according to a model that is intended to reflect an allocation of approximately 60% of its assets in equity securities and 40% of its assets in debt securities. The actual amount of Portfolio assets invested in equity securities may vary at any time and may range from 50% to 80% of its assets in equity securities and from 20% to 50% of its assets in debt securities.