Target-date mutual funds saw their sales rebound in 2021, a year after the products experienced their first period of net redemptions. Last year, U.S. target-date mutual funds had net inflows of $23.9 billion, a significant increase from the $6.7 billion ...

Investment providers launched just one target-date mutual fund series in the U.S. in 2020, while six pulled the plug on them, marking the second year in a row that the number of products on the market went down. Behind that ...

Nationwide Insurance and Capital Group have created a target-date fund series that incorporates a fixed-indexed annuity with a guaranteed lifetime withdrawal benefit. The funds, known as the NCIT American Funds Lifetime Income Builder Target Date Series, will be available as ...