Dubai: Zurich Middle East (Zurich) said on Sunday it launched Target Date Funds (TDFs), further enhancing the investment options currently available within its suite of savings and investment products.

TDFs automatically diversify, adjust and rebalance saving allocations over selected periods of time.

“The launch of this product further exemplifies our ability to deliver high-quality investment solutions at an attractive price that meet the changing needs of customers,” Steven Leech, Head of Propositions at Zurich Middle East said in a statement.

“Along with the recently launched Zurich Allocated Passive (ZAP) funds, this launch reflects Zurich’s commitment to focusing on customer outcomes and helping advisers in the region to simplify the process of constructing an investment portfolio,” Leech said.

The Zurich TDFs select from the full range of Zurich’s offshore fund platform, including both active and passive strategies. Investment managers such as BlackRock, Schroders, Franklin Templeton and Pimco will feature within the TDF range.