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Wednesday, 03/02/2016 12:44:55 PM

Wednesday, March 02, 2016 12:44:55 PM

Post# of 8302
Overconfidence Drives Lifecycle Fund Misuse

Target-date mutual funds or lifecycle funds are designed to be set-it-and-forget-it investment products, but many investors do not use them as intended. A study from Financial Engines finds that client overconfidence and pursuit of enhanced diversification can lead to misuse of these funds.

http://www.planadviser.com/Overconfidence-Drives-TDF-Misuse/

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