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By Janet Levaux, AdvisorOne |
August 10, 2010
The Morningstar fund data shows that the industry average-expense ratio declined to 0.88 percent from 0.91 percent a year earlier for those target-date series that are at least 18 months old.
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By Janet Levaux, AdvisorOne |
August 10, 2010
Morningstar has issued a series of target-date ratings and reports with data through the second quarter of 2010 for 20 of the largest target-date series in the industry.