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Fidelity, American Century Adopting New TDF Fee Tactic As Cost Pressures Grow

TedTed
in The Bullpen
FYI: Two of the largest managers of target-date-fund assets, Fidelity Investments and American Century Investments, are changing how they assess fees in the multi-asset funds, at a time of heightened cost scrutiny and as TDFs capture an increasing portion of 401(k) contributions.
Regards,
Ted
http://www.investmentnews.com/article/20170705/FREE/170709994/fidelity-american-century-adopting-new-tdf-fee-tactic-as-cost
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