Private equity, state-regulated CITs and annuities could make the “best-performing 2040 fund” the fund with the most aggressively manufactured numbers. For years, one of the simplest ways to evaluate a target-date fund has been to compare it with other funds having the same vintage. Compare a 2040 fund with other 2040 funds. Compare a 2050 … Continue reading Comparing Target-Date Funds by Vintage Year Is Ripe for Abuse