NYT: Target-Date Funds Can Pose Complexities
By TIM GRAY
This article discusses the merits of target-date funds as they have become increasingly popular with investors. Focusing on the negative aspects of the funds, the article states they can obscure the complexities of risk and return and that there is really no standard as to how these funds may invest, creating markedly different funds in the same “target-date” category. A study conducted in 2013 found that these funds accounted for a third of new assets flowing into mutual fund companies offering them.
