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RAETX - American Funds Trgt Date Ret 2030 R1

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American Funds Trgt Date Ret 2030 R1 (RAETX)
Expense Ratio: 1.56%
Expected Lifetime Fees: $43,845.32


The American Funds Trgt Date Ret 2030 R1 fund (RAETX) is a Target Date 2026-2030 fund started on 2/1/2007 and has $1.70 billion in assets under management. The current manager has been running American Funds Trgt Date Ret 2030 R1 since 2/23/2007. The fund is rated by Morningstar. In addition to trading fees and broker commissions, this fund has 12b-1 fees of 0.99%

MarketRiders Prefers The Following ETF

iShares S&P Target Date 2030 (TZL)
Expense Ratio: 0.11%
Expected Lifetime Fees: $3,595.26


The iShares S&P Target Date 2030 (TZL) is an Exchange Traded Fund. It is a "basket" of securities that index the Target Date 2026-2030 investment strategy and is an alternative to a Target Date 2026-2030 mutual fund. Fees are very low compared to a comparable mutual fund like American Funds Trgt Date Ret 2030 R1 because computers automatically manage the stocks.




The Following Target Date 2026-2030 Funds Have Lower Fees Than American Funds Trgt Date Ret 2030 R1 (RAETX). Why are these metrics important?
Mutual Fund Name Ticker Symbol Turnover Assets (M) Annual Fees
AllianceBern 2030 Retirement Strat A LTJAX 12.0% 208 1.06%
AllianceBern 2030 Retirement Strat I LTKIX 12.0% 208 0.76%
AllianceBern 2030 Retirement Strat K LTKKX 12.0% 208 1.01%
AllianceBern 2030 Retirement Strat R LTKRX 12.0% 208 1.26%
American Century LIVESTRONG 2030 A ARCMX 4.0% 548 1.11%
American Century LIVESTRONG 2030 Instl ARCSX 4.0% 548 0.66%
American Century LIVESTRONG 2030 Inv ARCVX 4.0% 548 0.86%
American Century LIVESTRONG 2030 R ARCRX 4.0% 548 1.36%
American Funds Trgt Date Ret 2030 A AAETX 2.0% 1,700 0.78%
American Funds Trgt Date Ret 2030 R2 RBETX 2.0% 1,700 1.47%
American Funds Trgt Date Ret 2030 R3 RCETX 2.0% 1,700 1.10%
American Funds Trgt Date Ret 2030 R4 RDETX 2.0% 1,700 0.78%
American Funds Trgt Date Ret 2030 R5 REETX 2.0% 1,700 0.47%
American Funds Trgt Date Ret 2030 R6 RFETX 2.0% 1,700 0.42%
BlackRock LifePath 2030 Institutional STLDX 3.0% 971 0.85%
BlackRock LifePath 2030 Investor A LPRDX 3.0% 971 1.10%
Fidelity Advisor Freedom 2030 I FEFIX 16.0% 2,400 0.73%
Hartford Target Retirement 2030 A HTHAX 34.0% 159 1.05%
JHancock2 Retirement Living 2030 A JLFAX 19.0% 837 1.35%
JHancock2 Retirement Living 2030 R3 JLFFX 19.0% 837 1.50%
JHancock2 Retirement Living 2030 R4 JLFGX 19.0% 837 1.10%
MainStay Retirement 2030 R2 MRTUX 104.0% 141 1.38%
Manning & Napier Target 2030 I MTPIX 40.0% 107 0.89%
Manning & Napier Target 2030 K MTPKX 40.0% 107 1.14%
Manning & Napier Target 2030 R MTPRX 40.0% 107 1.39%
MFS Lifetime 2030 A MLTAX 15.0% 117 1.15%
Oppenheimer Transition 2030 A OTHSZ 13.0% 143 1.31%
Oppenheimer Transition 2030 Y OTHYX 13.0% 143 0.77%
Principal LifeTime 2030 A PTCAX 10.7% 4,800 1.13%
Principal LifeTime 2030 R5 PTCPX 10.7% 4,800 1.01%
Russell LifePoints 2030 Strategy A RRLAX 28.0% 181 1.06%
Russell LifePoints 2030 Strategy E RRLEX 28.0% 181 1.06%
Russell LifePoints 2030 Strategy R1 RRLRX 28.0% 181 0.81%
Russell LifePoints 2030 Strategy R2 RRLTX 28.0% 181 1.06%
Russell LifePoints 2030 Strategy S RRLSX 28.0% 181 0.81%
Russell LifePoints 2030 Strategy S RRLSZ 28.0% 181 0.81%
Schwab Target 2030 SWDRX 8.0% 408 0.77%
T. Rowe Price Retirement 2030 TRRCX 16.2% 11,900 0.74%
T. Rowe Price Retirement 2030 Adv PARCX 16.2% 11,900 0.99%
T. Rowe Price Retirement 2030 R RRTCX 16.2% 11,900 1.24%
Wells Fargo Advantage DJ Target 2030 A STHRX 26.0% 1,900 1.02%
Wells Fargo Advantage DJ Target 2030 Adm WFLIX 26.0% 1,900 0.86%
Wells Fargo Advantage DJ Target 2030 I WFOOX 26.0% 1,900 0.51%
Wells Fargo Advantage DJ Target 2030 Inv WFETX 26.0% 1,900 0.92%



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Why Are These Metrics Important?


Turnover
Turnover represents how much of a mutual fund's holdings are changed over the course of a year through buying and selling. Active mutual funds have an average turnover rate of about 85%, meaning that funds are turning over nearly all of their holdings every year. A high turnover means you could make lower returns because: 1) buying and selling stocks costs money through commissions and spreads and 2) the fund will distribute yearly capital gains which increases your taxes. Look for funds with turnover rates below 50%. For comparison, ETF turnover rates average around 10% or lower.

Assets
Generally, smaller funds do better than larger ones. The more assets in a mutual fund, the lower the chance that it will beat its index. Managers outperform an index by choosing stocks that are undervalued. In order to find these undervalued stocks, the manager has to know more than his competitors to develop an "edge." There are only a finite number of stocks a mutual fund manager can reasonably analyze and actively track to gain such a competitive edge. When the fund has more assets, the manager must analyze large companies because he needs to take larger positions. Large companies are more efficiently priced in the market and it becomes increasingly difficult to get an edge.

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