I’m attempting to open a UTMA for my 2 year old daughter and had a question.
I do not know if this question makes sense but does it matter which ticker should be used for a target index fund for a UTMA?
For example, if I decide to invest in VFFVX (retirement year 2055 ), but my daughter will be 18 in 2040 and she’ll have access to the money 15 years before the retirement year, Does that mean, I shouldn’t choose this ticker?