In the News

Title

Target Date Funds Offer Convenience -- but Also Pitfalls

Document Type

Article

Publication Date

5-20-2016

Abstract

While interest in target date and other types of balanced fundscontinues to grow — especially among younger investors — the convenient funds do offer some snags all investors, young and old, should know about.

Target date funds — also called lifecycle funds — are designed to offer a diversified portfolio that automatically rebalances to focus more on income through time.