Dow Jones Target Date Funds Add International Holdings

The NestEgg Dow Jones Target Date Funds sold by American Independence have added international stocks and fixed income to each of the five funds’ portfolios, reduced the fees by as much as 53% and renamed the funds the NestEgg Dow Jones Target Date Funds. With target dates of 2010, 2015, 2020, 2030 and 2040, the funds were previously called the NestEgg Dow Jones U.S. Target Date Funds.

“We are delighted that shareholders have so strongly embraced the adoption of the global version of the Dow Jones Target Date Indexes,” said Eric Rubin, president of the funds. “The globalization of the world’s economy has continued unabated in recent years, and fund investors, and their advisers, have continued to express strong demand for international investment exposure, particularly in retirement savings.”

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Money Management Executive
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