By: Forbes Real Time
June 05, 2013 at 06:00 AM EDT
The Trouble With Target Funds
Whoever invented target retirement funds, the portfolios that automatically turn more conservative as you age, must be some kind of marketing genius. There are 2,019 of these things on Morningstar, if you count all the share classes. The category has swallowed 13% of 401(k) dollars.
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