Target-date series assets, as well as the number of target-date series, have doubled in recent years.

As of November 2011, there were 43 unique open-end, target-date series, and approximately half of these series began operations in the last five years, with five new series introduced in 2009 and 2010 alone. In 2008, target-date series held $175.8 billion in assets, which more than doubled to $368.5 billion by Oct. 31, 2011.

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