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 |
|
Wednesday, August 25, 2010 BlackRock, Morningstar Share their Thoughts on the Target-Date Proposal Yesterday, BlackRock [see profile] and Morningstar turned in comment letters on the SEC's target-date fund proposals, and the Wall Street Journal took notice. Both backed the idea of requiring a table that shows how funds shift from riskier holdings to more conversative ones. Another component of the SEC's proposal involves disclosing information about how the funds will look on the target-date in marketing materials, adjacent to the fund name. Morningstar suggested de-emphasizing the idea that the funds are structured with a single date in mind. BlackRock, for its part, believes that the graphic and other disclosures will suffice. Printed from: MFWire.com/story.asp?s=33251 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |