The Problem with Target Date Funds

Investment News, May 2010

3 Pages Posted: 28 Mar 2014

Date Written: May 1, 2010

Abstract

Target date funds are popular among many employers and fund managers. They are marketed as age-appropriate diversified portfolios and promoted as sophisticated easy-to-use funds.

However, TDFs are no panacea. They are controversial among financial economists, insufficiently regulated, and sometimes costly and poorly diversified. 2008 further highlighted some of the serious structural problems with TDFs as default retirement investments and raised questions as to whether Department of Labor fiduciary relief should be revoked.

Suggested Citation

Michaud, Richard O. and Michaud, Robert, The Problem with Target Date Funds (May 1, 2010). Investment News, May 2010, Available at SSRN: https://ssrn.com/abstract=2416980

Robert Michaud

Independent ( email )

No contact information is available for Richard O. Michaud

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
66
Abstract Views
459
Rank
613,074
PlumX Metrics