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Products April 8, 2010
MassMutual Adds Four New Funds to Target-date Offering
April 8, 2010 (PLANSPONSOR.com) - MassMutual's Retirement Services
Division has enhanced the investment offering available to plan sponsors and
their participants through its MassMutual Smart Architecture Investment Program
with the addition of four new target retirement 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 a press release.
The Select Destination Retirement Series taps into investment expertise from more than 20 firms representing a wide variety of investment management capabilities.
“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 the announcement.
More information is at http://www.massmutual.com/retire.