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Asset Allocacted Mutual Funds and Ballanced Funds?
Im having trouble finding any asset allocacted and ballanced mutual funds. I have look on the internet and can’t find many and the ones I have found our thre years old at the max. Thanks for you help.
exactduke 3:32 pm on August 31, 2010
Vanguard Target Retirement 2005 thru 2050
TRowe Price Retirement 2005 thru 2055
Fidelity Freedom 2000 thru 2050
Just go to http://www.morningstar.com, and search for the appropriate date you are looking for & your favorite company. Or just go out to these companies web sites.
MVD34 3:32 pm on August 31, 2010
Vanguard & Fidelity.
You might try searching for "Target retirement" instead.
Link below for vanguard.
Thor 3:32 pm on August 31, 2010
I would not worry about the age of many of those funds. They are not like other funds. For example Vanguard refers to theirs as "Funds of funds". This mean they hold other funds to make up their balance or asset allocation.
THOSE funds have a track record but not the combined fund. The combined fund is mechanical, not actively managed.
And a number of those use index funds a lot. So there is still no active management for which you need to concern yourself.