The target-date fund trend carries on — and with a bang.

New research from BrightScope shows that target-date funds saw 20 percent growth in assets last year and held more than $503 billion at the end of 2012, Reuters and our sister publication 401kWire both reports.

Using its own ranking system based on risk-adjusted performance and other factors, the 401(k) provider found gave American Century[profile], J.P. Morgan [profile] and MFS [profile] funds the highest scores. 

Edited by: Nicole Spector


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