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Emeriti Professors Martin Gruber and Edwin Elton's research on target-date mutual funds is cited

The Wall Street Journal
Excerpt from The Wall Street Journal -- "Martin Gruber, an emeritus professor of finance at NYU and a co-author of the study, says that investors should take note if one of those underlying funds is new or has relatively high fees.“The burden of proof,” Mr. Gruber says, “should be on the target-date fund why those funds are in there.”

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