Slideshow Top Target-Date Funds for 40-Year-Old Investors

Published
  • August 26 2013, 10:38am EDT
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Top Target-Date Funds for 40-Year Old Investors

As part of BIC’s 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.

10. Legg Mason Target Retirement 2040 A

12-month return: 19.77%

Ticker: LMYAX

Assets: $5.2 million

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9. MainStay Retirement 2040 A

12-month return: 19.79%

Ticker: MSRTX

Assets: $90.2 million

8. TIAA-CREF Lifestyle Index 2040 Inst.

12-month return: 20.05%

Ticker: TLZIX

Assets: $370.8 million

7. T. Rowe Price Retirment 2040

12-month return: 20.31%

Ticker: TRRDX

Assets: $11.4 billion

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6. MFS Lifetime 2040 A

12-month return: 20.46%

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

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3. Nationwide Destination 2040 A

12-month return: 21.09%

Ticker: NWMAX

Assets: $122.4 million

2. Schwab Target 2040

12-month return: 21.10%

Ticker: SWERX

Assets: $553.4 million

1. Vantagepoint Milestone 2040 Inv M

12-month return: 21.97%

Ticker: VPRKX

Assets: $252 million