Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:American Funds Still Rules Not Rated 1.0 Email Routing List Email & Route  Print Print
Friday, April 16, 2010

American Funds Still Rules

Reported by Daniel Tovrov

The 401k Round Up is a weekly column aimed at keeping mutual fund industry insiders updated on what's happening in the 401(k) industry. Below are quick takes on stories that originally appeared on The MFWire's sister publication, The 401kWire.
American Funds mutual funds are still the the first choice in retirement plans. The company had five of the top 20 most popular mutual funds in plans, the big winner being the Growth of America Fund, which was in 70 to 75 percent of all plans. The Pimco Total Return was next in line and is inside 50 to 60 percent of retirement plans.

Surprisingly, Baron Small Cap was high on the list. The fund was present in 20 to 30 percent of plans even though Baron puts far fewer resources into DC-IO than some other firms. Davis Funds, another small retirement player, also sat among giants. The Davis NY Venture Fund was in 25 to 30 percent of DC plans.

Charles Schwab had the most used target date fund, followed by Barclays Global Investors and T. Rowe Price.

* * *

Sentinel Investments grew its defined contribution investment only team, as part of a larger sales team expansion. David Kania was hired as a regional retirement director covering the eastern U.S. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

1.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use