If a target date mutual fund was your favorite sports team. They would miss the playoffs this season. In the last few weeks, lawyers filed six separate suits against 401(k) sponsors. Each of these lawsuits charged the BlackRock target-date funds with deficient...
Managing the default menu of mutual fund options in your company 401(k) retirement plan account can be an intimidating. You did not pick the mutual funds. Your company did not pick the mutual funds; they just approved the mutual fund menu recommended to them by a...
Last week, I read a November research report from Chicago-based Morningstar that reinforces what most individual company 401(k) retirement plan participants believe is really true. The research report is a white paper titled “Bigger is Better.” The coauthor is David...
For most individual company 401(k) retirement plan participants, the mutual fund options found on the default menu are overwhelming. It is no wonder that “buy-and-hope” is the most popular investment management strategy. At a basic level, there are only two kinds of...
Last week, I came across another very good article from Morningstar. This great content was authored by Jeffrey Ptak. The title of the article is, “The Active Stock Fund Slump Explained.” As a reminder, there are two main types of mutual funds available on your...
