The average passively managed target date fund has an expense ratio of 0.84% compared to the average open fund expense ratio of 0.71% in 2013.
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Many advisors don’t like target date funds because of the products’ fees, performance, and inability to be customized for individual investors. So reports MainSt.
The average passively managed target date fund has an expense ratio of 0.84% compared to the average open fund expense ratio of 0.71% in 2013.