We’re excited to announce that Great Gray American Funds TDFs recently hit the 3-year mark! Over this period, GGAF has outperformed the DJ Trgt Date Benchmark by 339 bps annualized.
GGAF utilizes the same American Funds active management team and glidepath. The participant experience is optimized through a stable value allocation that reduces downside in vintages near retirement with a stated crediting rate and 0% volatility. This together with a plan level recordkeeping discount at Empower further reduces fees for participants and helps secure their retirement assets.
Feel free to reach out to the flexPATH team for a custom cost savings analysis to illustrate the weighted fee reduction today!
| Source: Morningstar Direct as of 6/13/2023 |
3 Year 6/13/2020 6/12/2023 |
|
| Group/Investment |
Return |
Sharpe Ratio |
| Simple Average |
|
|
| My Retirement Path Aggressive CL R |
9.18 |
0.65 |
| IndexSelect Aggressive CL I |
8.82 |
0.63 |
| My Retirement Path Moderate CL R |
8.25 |
0.62 |
| Great Gray American Funds CL I |
7.97 |
0.64 |
| IndexSelect Moderate CL I |
7.91 |
0.60 |
| T. Rowe Price Retirement |
7.87 |
0.54 |
| TIAA-CREF Lifecycle Index Instl |
7.48 |
0.52 |
| American Funds R6 |
7.32 |
0.54 |
| JPMorgan SmartRetirement® R6 |
7.25 |
0.49 |
| Vanguard Target Retirement Fund |
7.14 |
0.50 |
| Principal LifeTime Instl |
7.04 |
0.48 |
| BlackRock LifePath® Index Retire F |
7.01 |
0.46 |
| Fidelity Freedom® Index Investor |
6.76 |
0.45 |
| My Retirement Path Conservative CL R |
6.65 |
0.54 |
| IndexSelect Conservative CL I |
6.47 |
0.54 |
| State Street Target Retirement I |
6.31 |
0.44 |
|
|
|
|
| Glidepath Risk Level Color Legend |
|
|
| Aggressive |
|
|
| Moderate |
|
|
| Conservative |
|
|
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Looking for more information?
Contact the RPAG Support Team at support@rpag.com to learn more about RPAG and get help with our platform, suite of services, next-gen technology, or anything else!
