Tag: target date funds
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story. When trying to figure out people’s taste for risk by looking at the share of equities in their financial portfolio, I was wondering in a world of 401(k)s about…
The brief’s key findings are: While nearly 60 percent of new 401(k) participants have savings in target date funds (TDFs), little research has looked under the hood of this investment vehicle. This analysis uses a unique dataset with extensive information on the underlying mutual funds that TDFs hold. The results show that TDFs: often invest…
