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As the target-date fund industry works to raise its standing with investors, a recent Vanguard survey finds that much of that work might already be done.
The study, “Investor Comprehension and Usage of Target-Date Funds: 2010 Survey,” found that most investors understand the basic design elements of the instruments. They also are aware of their attendant investment risks.
Donna M. Mitchell is a financial journalist based in the New York metro area with expertise covering structured finance, commercial real estate, and wealth management. Her work has appeared … Read full bio
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