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Target Date Funds: Look Under the Hood
The Wall Street Journal; subscription may be required 
May 31, 2015 "Managers [of target date funds] chose 'an abnormal number of funds which have been in existence for a short period of time,' [researchers] found. When one of the options was a fund that had existed for three months or less, [managers] chose it more than twice as often as they would have if it had been a random selection, and those young funds underperformed similar funds on average over the following three years[.]" MORE >> |
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