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COPYRIGHT 2006 PR Newswire Association LLC
Lifestyle, Target Date and Exchange Traded Funds Remain a Mystery to Two-Thirds of Participants
Just a Small Percentage Planning New Investments in These Funds
CHICAGO, Feb. 28 /PRNewswire/ -- Lifestyle Funds. Target Date Funds. Exchange Traded Funds. These are some of the hot, new 401(k) investment options plan providers are offering.
Unfortunately, most 401(k) participants don't even know what they are.
Lifestyle Funds, for example, are available to 41% of 401(k) plan participants, but an overwhelming 70% say they are not familiar with this fund class, according to the Spectrem...
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