The SMART Funds® Target Date Index (“Index”) is the first and only index that is focused on prudence and performance expectations for prudent TDFs, a growing segment of the TDF marketplace. It is specifically designed for fiduciaries because fiduciaries want to make prudent decisions. The Index epitomizes prudence by emphasizing broad diversification at long dates, and stressing safety at the target date, with less than 10 percent in equities.
Key Features and Coverage on RIMES
For this data source, RIMES hosts four indices: SMART Target Date Fund 2010, 2020, 2030, 2040, and 2050 indices.
Some of the index items available include:
- Monthly Net Returns
- Quarterly Net Returns
- Database Symbol
- Calendar Year Returns