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
Schwab
Schwab Managed Retirement Trust Funds (SMRT Funds)| OVERVIEW | |
|---|---|
| NUMBER OF FUNDS IN SERIES | 12 |
| DELIVERY VEHICLE | CIT |
| UNDERLYING FUNDS | |
|---|---|
| VEHICLES | MF, CIT |
| FUND MANAGEMENT APPROACH | Active/Passive |
| ATTRIBUTES | |
|---|---|
| TACTICAL GLIDE PATH DEVIATION | No |
| FUND LANDING POINT | 20 YATD |
| UNAFFILIATED MANAGERS | |
|---|---|
| FEATURES | Yes |
| % OF ASSETS MANAGED | 100% |
| LARGEST | BNY Mellon |
| LARGEST % OF ASSETS | 17%-35% |
| ASSETS UNDER MANAGEMENT | |
|---|---|
| YEAR END 2015 ($mm) | 10,034 |
| YEAR END 2016 ($mm) | 10,341 |
| Q2 2017 ($mm) | 11,298 |
| 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. |