Top Target-Date Funds for 40-Year-Old Investors
Published August 26, 2013 10:38 AM
|
Updated July 8, 2016 9:16 PM
1 Min Read
Top Target-Date Funds for 40-Year Old Investors
As part of BICs upcoming September issue on retirement, we offer three charts of target-date funds. One of them will list those funds that are in the time-frame category of 2036 to 2040, which is generally where a client who is 40 years old today would be invested. Here we list the top 10 from that chart, by 12-month performance.
Be on the lookout for the September issue for the remainder of this chart, plus two others aimed at 25-year-old investors, and 60-year-old investors.
Be on the lookout for the September issue for the remainder of this chart, plus two others aimed at 25-year-old investors, and 60-year-old investors.
10. Legg Mason Target Retirement 2040 A
12-month return: 19.77%
Ticker: LMYAX
Assets: $5.2 million
Ticker: LMYAX
Assets: $5.2 million
9. MainStay Retirement 2040 A
12-month return: 19.79%
Ticker: MSRTX
Assets: $90.2 million
Ticker: MSRTX
Assets: $90.2 million
8. TIAA-CREF Lifestyle Index 2040 Inst.
12-month return: 20.05%
Ticker: TLZIX
Assets: $370.8 million
Ticker: TLZIX
Assets: $370.8 million
7. T. Rowe Price Retirment 2040
12-month return: 20.31%
Ticker: TRRDX
Assets: $11.4 billion
Ticker: TRRDX
Assets: $11.4 billion
6. MFS Lifetime 2040 A
12-month return: 20.46%
Ticker: MLFAX
Assets: $205.8 million
Ticker: MLFAX
Assets: $205.8 million
Top Target-Date Funds for 40-Year-Old Investors
Retirement: It's the main goal of most investing and the biggest worry of most clients. As a sneak peek to our upcoming September issue on the topic, we list the top 10 target-date funds for 40-year-old investors.
4. TIAA-CREF Lifestyle 2040 Retire
12-month return: 20.64%
Ticker: TCLOX
Assets: $2.5 billion
Ticker: TCLOX
Assets: $2.5 billion
3. Nationwide Destination 2040 A
12-month return: 21.09%
Ticker: NWMAX
Assets: $122.4 million
Ticker: NWMAX
Assets: $122.4 million
2. Schwab Target 2040
12-month return: 21.10%
Ticker: SWERX
Assets: $553.4 million
Ticker: SWERX
Assets: $553.4 million
1. Vantagepoint Milestone 2040 Inv M
12-month return: 21.97%
Ticker: VPRKX
Assets: $252 million
Ticker: VPRKX
Assets: $252 million
