Target-Date Funds Finally Get Competition
The double bear market of this decade and resulting 38% decline may sour many on the stock market. Still, people need to save money and give it a chance to grow over the long term.
iShares has just launched four ETFs -- ETFs of ETFs, actually -- that might address the disinterested investor better than target date funds do.- iShares S&P Aggressive Allocation Fund(AOA Quote)
- iShares S&P Growth Allocation Fund(AOR Quote)
- iShares S&P Moderate Allocation Fund(AOM Quote)
- iShares S&P Conservative Allocation Fund(AOK Quote)
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,270.47 | 1,093.48 | 2,167.88 | 34.29 |
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