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BUCKS; New Light On Funds.

Authors :
Bernard, Tara Siegel
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