Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Products April 8, 2010
MassMutual Adds Four Funds to Target-Date Offering
MassMutual's Retirement Services Division has added to its MassMutual Smart Architecture Investment Program with the addition of four new target-date funds.
Reported by Rebecca Moore
The addition of 2015, 2025, 2035, and 2045 funds brings MassMutual’s Select Destination Retirement Series to 10 fund options (Income, 2010, 2015, 2020, 2025, 2030, 2035, 2040, 2045, 2050)—all 10 of which rely on MassMutual’s asset allocation/risk management methodology, according to the firm.
The Select Destination Retirement Series taps into investment expertise from more than 20 firms representing a wide variety of investment management capabilities, MassMutual said.
“MassMutual’s philosophy emphasizes a long-term approach aimed at consistently growing assets during an investor’s working years and delivering balanced asset growth with inflation-adjusted income generation into and throughout retirement,” said Eric Wietsma, senior vice president and head of investments and product development for MassMutual’s Retirement Services Division, in an announcement.
More information is available at www.massmutual.com/retire.