The strategy accounts for $1.47 trillion of DC plan investments
Target-date funds that let managers deviate from the glide path
The firm garners $203.2 million
74 investment managers now offer these funds
Participants have not moved largely into passive funds
Target-date funds are on the verge of reaching $1 trillion in assets
All told, the funds hold $199 billion in assets
Last year, funds took in $17.7 billion, while equities lost $14.6 billion
The funds took in $269 billion during the year.
The new fiduciary rule will likely augment their growing popularity
The close of the first half of 2016 saw a modest, 4.2% quarter-over-quarter increase for target-date funds (TDFs), bringing assets in the mutual fund products to $810.5 billion. Showing...
Investors are taking heed of negative returns
In 2015, the category saw net inflows of $538 billion
Flows topped $235 billion in 2015