Fund Spy

A Target-Date Fund Series Wins Gold

Janet Yang, CFA

Target-date funds continue to cement their place as U.S. workers' retirement investment of choice. That became even more apparent in 2017, when target-date mutual funds saw another banner year of flows, taking in more than $75 billion in net new money, representing an almost 10% organic growth rate. Assets in target-date mutual funds now exceed $1.1 trillion as of the end of 2017.

We cover this crucial space within the investment industry in a few ways, such as our annual target-landscape papers (here they are from 2015, 2016, and 2017). In 2018, we'll release a number of new and innovative data points based on research from those papers; we think these tools will help workers, plan sponsors, and other investors better understand the nuances and driving forces that underlie target-date funds, ultimately helping all parties make better investment decisions.

Janet Yang, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.