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BrightScope and Target Date Analytics Announce Latest Comprehensive Target Date Fund Study

Jun 18 2013 12:00AM

Marketwire

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SAN DIEGO, CA -- (Marketwired) -- 06/18/13 -- BrightScope (www.brightscope.com), a leading provider of independent financial information and investment research, together with Target Date Analytics, (www.ontargetindex.com), the leading independent provider of analysis, theory, and benchmarking of target date funds, today announced the release of Popping the Hood VI. The newest study in the popular Popping the Hood series provides a detailed analysis of target date funds (TDFs) and fund families, making it the most comprehensive source of information available in the TDF marketplace.

"Year after year, this study has proven to be an essential resource for asset managers who need to distribute funds, and for plan sponsors who are looking to improve fund offerings," said Brooks Herman, Head of Data and Research for BrightScope. "We've yet to find another research report in the market that provides such an in-depth view of target date funds and fund families."

As target date fund assets continue to grow as a percentage of total Defined Contribution assets, BrightScope and Target Date Analytics' data and research have become increasingly sought after in the marketplace.

Popping the Hood VI is a 200+ page report containing four pages of data on each of the fund families, including:

•Organizational and profile information •Fund family scores, assigned by Target Date Analytics LLC •Fund family glidepath based on actual asset allocations •Performance attribution against the BrightScope OnTarget Index •Expense ratios, overall and by individual fund vs. peers •3-year risk and reward, vs. index •Downside and Upside Capture Ratios •Total Value Added relative to index vs. peers

"Any retirement investment professional who really wants to understand the special character of the quantitative and qualitative differences among target date fund families will want to read this report," said Joseph C. Nagengast, Principal, Target Date Analytics.

This comprehensive report includes the latest analysis on grade 48 fund families, from 38 different fund companies including 425 distinct target date funds. Each fund family is evaluated in five major categories, resulting in an Overall Score and Ranking: Company/Organization, Strategy, Performance, Risk and Fees.

Popping the Hood VI highlights the best target date fund families, including American Century. Its successful One Choice Portfolios have received a top grade in every report since Popping the Hood II.

"We designed the One Choice Target Date Portfolios to help investors build toward the retirement they envision, while attempting to reduce the chances their money will run short," said American Century Investments' Rich Weiss, senior vice president and senior portfolio manager on the One Choice Portfolios team. "This is the fourth time in a row American Century Investments has been among the upper tier of target-date fund providers in the Popping the Hood study, which underscores the effectiveness of our approach across a variety of market environments over multiple years."

The stand-alone price for the report is $1,200. For asset managers who want a distribution license, the cost is $20,000. To inquire about a copy, email poppingthehood@brightscope.com, or call 858.452.7500. For more information please visit www.brightscope.com or www.ontargetindex.com.

About BrightScope
BrightScope is a financial information company that brings transparency to opaque markets through independent research and analysis. Delivered through web-based software, BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors. The BrightScope Rating™, developed in partnership with leading independent 401k fiduciaries, reviews more than 200 unique data inputs per plan and calculates a single numerical score which defines plan quality at the company level. In April 2011, the company launched BrightScope Advisor Pages™, the first comprehensive and publicly available directory of financial advisors designed to help consumers discover information and conduct due diligence on wealth management professionals. BrightScope also markets a suite of data analytics software products to Fortune 1000 companies, asset managers, broker-dealers, financial advisors, and other market participants. Public ratings for more than 46,000 retirement plans as well as rating definitions, criteria and methodologies, and information on nearly 600,000 financial advisors and nearly 40,000 advisory firms are available for free at www.brightscope.com.

About Target Date Analytics LLC
The leading independent source of in depth information about target date theory, design and analysis, Target Date Analytics LLC ("TDA"), (www.ontargetindex.com), specializes in target date indexes for reporting clarity and glidepath licensing. TDA created and maintains the BrightScope OnTarget Indexes, the OTI. TDA is the home of "Popping the Hood," a recurring and comprehensive analysis of target date fund families. TDA also consults plan sponsors, advisors and fund companies on glide path design and allocation, and assists with the creation of custom target date solutions.



Jessica Kipp
Atomic PR for BrightScope
Email Contact
415-593-1400





Source: Marketwire


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