MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, February 17, 2009 Morningstar Adjusts its Target-Date Fund Microscope The Wall Street Journal has picked up on Morningstar's announcement earlier this month about the change in the way it evaluates target-date funds. Previously, the Chicago firm had three categories for the funds -- those maturing in 2000-2014, 2015-2029 and 2030+. With fund firms rolling out funds with maturity dates in five-year increments, Morningstar tweaked its system to reflect the trend. It now uses 10 categories, including a category for funds aimed at providing income for those already in retirement. Printed from: MFWire.com/story.asp?s=20775 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |