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BUCKS; New Light On Funds.
- Source :
-
New York Times . 12/4/2010, Vol. 160 Issue 55244, p5. 0p. - Publication Year :
- 2010
-
Abstract
- Investors have flocked to the ''set it and forget it'' style of mutual funds known as target-date funds, where the mix of investments automatically becomes more conservative as the retirement date approaches. But when the markets plunged, it became readily apparent that some funds did a better job of protecting investors than others. What was most surprising, however, was the wide variation in performance among funds with the same target date. And most alarmingly, some 2010 funds lost more than the Standard & Poor's 500 Index. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 160
- Issue :
- 55244
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 55581646