Question: Complete the following table. You can get the information from either the company website or the prospectus either source is fine. 2060 target date funds
- Complete the following table. You can get the information from either the company website or the prospectus either source is fine.
| 2060 target date funds - asset allocations, expenses, and sale charges of Vanguard, Schwab, Fidelity, and John Hancock (ticker in parentheses) | ||||
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| Vanguard (VTTSX) | Schwab (SWYNX) | Fidelity (FDKLX) | Hancock (JJERX) |
| Portfolio composition (%) | -------- | -------- | -------- | -------- |
| Stocks/equity (domestic and international) | 89.4 |
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| Bonds and other (domestic and international) | 10.6 |
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| Total | 100 | 100 | 100 | 100 |
| Net expense ratio (or expense ratio) | 0.15% |
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| Max sales charge (commission) | none |
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| Notes: 1. Checkpoints are as of 12/31/2020 and may differ from more recent data. 2. Portfolio composition figures are rounded to nearest percent. | ||||
- Which one of the above target date mutual funds would you recommend to Ryan who wants to open up a Roth IRA? Explain your answer.
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