RESEARCH |
2017
PLANSONSOR Target-Date Fund Buyer’s Guide
Our guide to the size, scope and design of target-date
options
Reported by PLANADVISER
| Art by JooHee Yoon
TDF Providers
USAA
USAA Target Retirement Funds| OVERVIEW | |
|---|---|
| NUMBER OF FUNDS IN SERIES | 6 |
| DELIVERY VEHICLE | MF |
| UNDERLYING FUNDS | |
|---|---|
| VEHICLES | MF, ETF |
| FUND MANAGEMENT APPROACH | Hybrid |
| ATTRIBUTES | |
|---|---|
| TACTICAL GLIDE PATH DEVIATION | Yes, 10% |
| FUND LANDING POINT | At TD |
| UNAFFILIATED MANAGERS | |
|---|---|
| FEATURES | Yes |
| % OF ASSETS MANAGED | 43% |
| LARGEST | MFS Investment Managaement |
| LARGEST % OF ASSETS | 10% |
| ASSETS UNDER MANAGEMENT | |
|---|---|
| YEAR END 2015 ($mm) | 3,744 |
| YEAR END 2016 ($mm) | 3,895 |
| Q2 2017 ($mm) | 4,212 |
| Footnote: | |
| MF = Mutual fund | |
| CIT = Collective investment trust | |
| ETF = Exchange -traded fund | |
| SA = Separate account | |
| VP = Variable portfolio | |
| R = Not reported. YATD = years after target date | |
| YBTD = years before target date. |