Customization Comes to Target-Date Funds

According to Morningstar, target-date funds (TDFs) attracted approximately $70 billion in 2015. Another research firm, Cerulli Associates, has predicted that 88% of new 401(k) contributions will go into TDFs by the end of 2019. As this market expands, new versions are appearing: the “custom” TDF has been labeled the fastest growing segment. The rise of […]