Thu, 20 Jun 2013
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Five stats from the market and the stories behind them. This week: consumers drag down GDP, home sales hit a six-year high, and target-date funds reach $500 billion in assets.
Shifts toward target-date funds , low-cost index investments, and auto-enrollment features have largely benefited investors in the form of increased savings and higher returns, says Vanguard's Kevin Jestice.
Target-date funds enjoyed record inflows in 2015. Morningstar's Jeff Holt discusses the best of breed.
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