Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Q&A With Bradley Vogt, American Funds: Where Investors Favor Humans Over Indexes: Target-Date Funds
FYI: In the battle for investors’ dollars, the humans have largely lost.
Last year, investors pulled $340 billion out of mutual funds run by managers who are trying to beat the market. Instead, dollars are flowing into index funds, which are content to track the market and charge lower fees for doing so. Regards, Ted http://www.denverpost.com/2017/05/14/target-date-funds-qa/