Relatively few TDF managers invest big money alongsidethe savings of the 401(k) participants they compete for. (Photo:Shutterstock)
The millions of Americans who are placing their retirementprospects in target-date funds can “rightfully expect” themanagers of their assets to invest their own money in the savingsstrategies as well, says Jeff Holt, director at Morningstar andlead author of the 2019Target-Date Fund Landscape Report.
But the fact is that relatively few TDF managers invest big money alongside thesavings of the 401(k) participants they compete for.
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