Research, analysis, and thoughts on retirement investments & the future of personalization
Clayton Fresk joined Stadion Money Management in 2009 and currently serves as Portfolio Manager of Stadion’s Retirement investment strategies, which comprises oversight of Stadion’s managed account, target-date, and risk-based strategies. He provides thought leadership for Stadion’s participant level, customized retirement solutions, in order to ensure that its glide path technology and asset allocation are able to support all intermediaries in the defined contribution ecosystem. Clayton holds the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society of Minnesota. He also received an MBA degree and a Bachelor's degree in Finance & Marketing from the University of Minnesota.
Mutual funds have been the preferred vehicle for Target Date Funds since TDFs' infancy. Because Target Date Funds employ a fund-of-funds structure, it made sense for TDFs to be offered in a mutual fund vehicle as well. However, the TDF market is transitioning to Collective Investment Trusts (CITs) as a preferred vehicle.
It’s the holiday season once again. With the numerous parties that often come at this time of year, whether it be with coworkers, friends, or family, quite often the celebration involves food, drinks, and hard to resist treats! The preparations for these parties often include menu planning, such as depicted in the best Christmas movie ever, National Lampoon’s Christmas Vacation.
It’s the holiday season once again, and for the kid in us, it’s time to look forward to unwrapping presents. It’s not unusual to be surprised by what’s inside the box. Sometimes it’s for the best but, unfortunately, sometimes it’s for the worse.
Exchange Traded Funds (ETFs) have become an increasingly popular investment vehicle in the industry for multiple reasons, some of which include costs and increased investment coverage (i.e. “Smart Beta” ETFs). There remains, however, a large corner of the market that has not seen ETF penetration and this is the defined contribution / 401k space.