via Wall Street Journal
With all the turmoil in stock markets this year, how well are target-date mutual funds performing?
Not very well, particularly for investors who are retiring this year. And that has fueled the debate over how these funds should adjust the balance between stocks and other investments in their portfolios as they approach their target date—a balance many fund providers have tinkered with in the past couple of years.
The upshot for investors: They should understand that funds with the same target date don’t all have the same exposure to stocks, so some funds might suit their risk tolerance more than others.