Home>Top Portfolio Products: Schwab Adds New Target Date Funds
Top Portfolio Products: Schwab Adds New Target Date Funds
Advisor One
Fri, 25 Jan 2013
In addition over the last week, BlackRock introduced the Managed Volatility VI Fund, formerly BlackRock Balanced Capital VI, and Salient Partners introduced its new Risk Parity Fund.
Target-datefunds are a great fundamental idea, but confusion over asset allocation and investment choices dilutes the benefit to the average investor, says Vanguard founder Jack Bogle.
401(k) auto-enrollment and target-datefunds help to combat investors' inclinations to procrastinate and vulnerability to choice overload, says Andy Eschtruth of the Center for Retirement Research.
Vanguard's John Ameriks emphasizes that target-datefunds are an investment, not a guarantee, and also goes in depth on the role of equities near retirement as well as the 'to versus through' debate.