Target date fund

American Funds Wins Multiple Lipper Fund Awards for 11 Consecutive Years

Retrieved on: 
Monday, March 11, 2019
Finance, Money, Economy, Funds, Investment, Target date fund, Bond fund, Stock fund, Hedge fund

Each target date fund is composed of a mix of the American Funds and is subject to the risks and returns of the underlying funds.

Key Points: 
  • Each target date fund is composed of a mix of the American Funds and is subject to the risks and returns of the underlying funds.
  • American Funds investment professionals manage the target date fund's portfolio, moving it from a more growth-oriented strategy to a more income-oriented focus as the fund gets closer to its target date.
  • The return of principal for bond funds and for funds with significant underlying bond holdings is not guaranteed.
  • The funds' risks are directly related to the risks of the underlying funds.

Fidelity Q4 2018 Retirement Analysis: Market Shake-up Impacts Account Balances, but Investors “Stayed the Course” Despite Volatility

Retrieved on: 
Thursday, January 31, 2019
Professional services, Banking, Consulting, Finance, Finance, Money, Economy, Investment, Retirement plans in the United States, Funds, Fidelity International, Target date fund, 401, Fidelity Investments, Solo 401, Professional services, Banking, Consulting, Finance, Finance, Money, Economy, Investment, Retirement plans in the United States, Funds, Fidelity International, Target date fund, 401, Fidelity Investments, Solo 401

Despite market swings, investors did not make significant changes to their 401(k) investments.

Key Points: 
  • Despite market swings, investors did not make significant changes to their 401(k) investments.
  • Only 5.6 percent of 401(k) investors made a change to their asset allocation in Q4, including investors who have their savings in a target date fund or managed account.
  • And as of Q4, more than half (50.6 percent) of 401(k) savers are 100% invested in a target date fund.
  • Fidelity Investments Institutional Services Company, Inc.,
    1Analysis based on 22,600 corporate defined contribution plans and 16.2 million participants as of December 31, 2018.

Mutual of Omaha Retirement Services Adds American Funds Target Date Retirement Series® to QDIA Roster

Retrieved on: 
Tuesday, January 22, 2019
Small business, Professional services, Finance, Human resources, Insurance, Finance, Money, Mutual of Omaha, Economy, Funds, Institutional investors, Target date fund, ROI Capital

Mutual of Omaha Retirement Services recently announced the addition of a new target date series to its fund lineup and selection of Qualified Default Investment Alternatives (QDIAs).

Key Points: 
  • Mutual of Omaha Retirement Services recently announced the addition of a new target date series to its fund lineup and selection of Qualified Default Investment Alternatives (QDIAs).
  • After a thorough review of several alternatives, American Funds Target Date Retirement Series was chosen to enhance Mutual of Omahas comprehensive list of investment options.
  • In addition to the new target date series, Mutual of Omaha is also adding American Funds EuroPacific Growth Fund along with 14 other individual funds to expand its investment options across multiple asset categories.
  • We are honored that Mutual of Omaha Retirement Services has added American Funds to its investment option line-up, said Brendan Mahoney, National Sales Manager, American Funds.

J.P. Morgan Research Reveals Defined Contribution Participants Continue to Save Too Little, Take Loans and Withdraw Quickly After Retirement

Retrieved on: 
Thursday, December 13, 2018
Finance, Money, Economy, Investment, Pensions, Funds, Target date fund, Retirement, Defined contribution plan

research series, examining the saving and withdrawal behaviors of defined contribution plan participants and the implications for target date fund design.

Key Points: 
  • research series, examining the saving and withdrawal behaviors of defined contribution plan participants and the implications for target date fund design.
  • research, revealing thatparticipant behavior ismuch more varied and volatile than many target date fund providers assume, with significant ramifications around retirement outcomes.
  • report reveals that many plan participants still aren't positioned for retirement income success despite the efforts of plan sponsors, their advisors, and plan providers.
  • The research shows that the average participant withdrew more than 55% in any given year at or soon after retirement.

MassMutual RetireSMART(SM) Target Date Funds Introduce New Glide Paths Subadvised By J.P. Morgan Asset Management(1)

Retrieved on: 
Monday, September 17, 2018
Finance, Money, Financial services, Madoff investment scandal, Massachusetts Mutual Life Insurance Company, Investment, Funds, Target date fund, JPMorgan Chase, Springfield, Massachusetts

SPRINGFIELD, Mass., Sept. 17, 2018 /PRNewswire/ --The MassMutual RetireSMARTSM Target Date Funds, available through 401(k)s and other defined contribution retirement plans offered by Massachusetts Mutual Life Insurance Co. (MassMutual), now offer enhanced glide paths subadvised by J.P. Morgan Asset Management Inc. (J.P. Morgan).

Key Points: 
  • SPRINGFIELD, Mass., Sept. 17, 2018 /PRNewswire/ --The MassMutual RetireSMARTSM Target Date Funds, available through 401(k)s and other defined contribution retirement plans offered by Massachusetts Mutual Life Insurance Co. (MassMutual), now offer enhanced glide paths subadvised by J.P. Morgan Asset Management Inc. (J.P. Morgan).
  • The fund family will now be called the MassMutual RetireSMART by J.P. Morgan Target Date Funds.
  • The MassMutual RetireSMART Target Risk Funds are not being subadvised by J.P. Morgan.
  • "We look forward to delivering a custom solution that maximizes the outcomes for target date fund holders through MassMutual's RetireSMART by J.P. Morgan Target Date Funds."

J.P. Morgan Launches Enhanced Digital Target Date Compass(SM) Program

Retrieved on: 
Tuesday, May 29, 2018
Economy, Funds, Investment, Target date fund, Target Corporation, Make

NEW YORK, May 29, 2018 /PRNewswire/ -- J. P. Morgan Asset Management is announcing a major upgrade to its popular Target Date CompassSM tool that advisors use to help plan sponsors make informed target date fund selections.

Key Points: 
  • NEW YORK, May 29, 2018 /PRNewswire/ -- J. P. Morgan Asset Management is announcing a major upgrade to its popular Target Date CompassSM tool that advisors use to help plan sponsors make informed target date fund selections.
  • Together, these enhancements make Target Date Compass an even more indispensable resource for the timely, accurate and prudent analysis of the ever-changing target date fund universe.
  • First introduced a decade ago, Target Date Compass set the standard for helping defined contribution plan sponsors evaluate the critical differences among target date funds and has maintained its reputation as the industry leading tool.
  • Powered by J.P. Morgan Spectrum* using Morningstar data, the enhanced Target Date Compass continues to help plan sponsors determine which target date funds fit their plans' goals.