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Target Date Funds: Historical Volatility/Return Profiles (PDF)
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] 
June 28, 2010
36 pages. Excerpt: [Among key findings, the] Rates of returns and volatility on target-2010 funds varied substantially in 2008; Spread in returns can be traced to substantial variation in equity exposure; Some fund families maintain equity exposure of more than 60 percent, evenfor their 2010 fund.
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