If you don't know where to start your Target Date Series analysis or what criteria to consider, we've got you covered. The criteria below are suggested criteria by Broadridge, which, at a minimum, we feel demonstrates a prudent analysis.
Display Fields
- Inception Date: The inception date of the target date series
- Last Modified Date: Date the product data was last modified.
- Net Cash Flows (Previous Year): Most recent year end annual net flows in to or out of the target date series.
Score Criteria
- Investments Management Style: Indicates whether the target date series investments are managed actively, passively, or a blended style.
- If more than 75% of a series’ portfolios are in index funds, it’s passive.
- Those with less than 25% of assets in index funds are active.
- Those with between 25% and 75% of assets in passive fund are blended offerings.
- Manager Tenure: The number of years in which the most senior manager has been in place for this product.
- Series AUM: The number of years in which the most senior manager has been in place for this product.
- Average Net Expense Ratio: The average expense ratio for the share class across all vintages.
- Equity Allocation at Target Date: The vintage's allocation to equities at the target date. Generally, this is close but may not be exact to the vintage closest to the current year.
- Equity Landing Point: The lowest ending equity % for the target date series. Generally, this is close but may not be exact to the Retirement or oldest vintage.
- Glidepath: Indicates if the target date series is managed to the target date or through the target date.
- Glidepath Equity Starting Point: The highest starting equity percentage for the target date series. Generally, this is close but may not be exact to the vintage farthest from the current year.
- Retirement Income Vintage: The highest starting equity percentage for the target date series. Generally, this is close but may not be exact to the vintage farthest from the current year.