Morningstar’s 2016 Target Date Fund Landscape report showsinvestors now hold $763 billion in the qualified defaultalternatives, up from $116 billion 10 years ago.
Last year alone, TDF assets increased $69 billion, inspite of the fact that the Standard and Poor’s 500 Index was downmarginally for 2015. For all of the TDF categories tracked by Morningstar,average returns were negative, ranging in losses from 1.2 percentto 2 percent.
There is good news in that data. Morningstar’s report suggests401(k) TDF investors are maintaining deferralrates when equity markets get shaky.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.