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

 Complete the following table. You can get the information from either

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) Vanguard Schwab Fidelity Hancock (VTTSX) (SWYNX) (FDKLX) (JJERX) Portfolio composition (%) Stocks/equity 89.4 (domestic and international) Bonds and other (domestic and international) Total 100 100 100 100 Net expense ratio (or expense ratio) 0.15% Max sales charge (commission) 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. 10.6 none Which one of the above target date mutual funds would you recommend to Ryan who wants to open up a Roth IRA? Explain your

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!