If you combine them with lots of other
funds — as many people do — it will be harder for you to gauge how your savings overall are split among stocks and bonds and you'll may very well undermine the rationale for buying a
target -
date fund in the first
place — i.e., to assure you have a coherent and consistent investing strategy.
Since Mr. Gross stomped off, they've lost contracts — involving either the Total Return
Fund or all of their services — with the state retirement systems
in New Hampshire and Florida, the teachers» retirement system
in Arkansas, Ford Motor's 401 (k), Advanced Series Trust, Massachusetts Mutual Life Insurance Co., Alabama's and California's 529 College Savings accounts, Russell Investments, British wealth manager St. James
Place, Schwab's
Target Date funds and a slug of city retirement plans.