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Products November 2, 2009
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.
Reported by Fred Schneyer
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 .