Firms Unveil Target-date Fund Index
November 2, 2009 (PLANSPONSOR.com) - BrightScope, a
401(k) data and analytics firm, and Target Date Analytics
LLC, a consulting and research firm, unveiled the BrightScope
On Target Index to help measure the risk and performance of
target-date funds.
According to a news release, the offering gives
participants the ability to see how accurately a
target-date fund lives up to its stated goals as outlined
in the prospectus.
Unlike other target date indexes, the BrightScope
On Target Index considers participant behavior when
determining the appropriate asset allocation for
participants approaching retirement.
More information about the product and the two
firms is available at
www.brightscope.com
or
www.ontargetindex.com
.
Fred Schneyer
editors@plansponsor.com