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Future Bright for the Already Popular Lifecycle Funds
Investment Advisor
Dec. 4, 2007
Excerpt: Now that target date funds have been selected as a QDIA, industry observers predict the number of target date funds will mushroom. As it stands now, total assets in these funds were at $167.8 billion as of September 30, 2007, according to Financial Research Corp. (FRC) in Boston. Some estimate that as many as 40% of all 401(k) plans have or will be offering target date funds as an investment option in the near term ....
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