Why target date funds are disliked by financial advisors

While some financial advisors endorse target date funds to manage investment risk, retirement experts think that buying such products is not a smart move because of its drawbacks, according to an article from Mainstreet.com. Target date funds charge higher fees and don't perform well during a financial crisis. As passively-managed funds, these investment options put investments at higher risk, while the one-size-fits-all method behind these products is proven to be ineffective. –DailyFinance

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access