Stay out of Target Date-Rape Funds folks. The layering of fees is expensive and deceptive. American Chemicals and Equipment is suing Prinicpal over some questionable accounting used to disclose fund fees. Howbout $120 million in “acquired fund fees” for 2012. http://news.morningstar.com/articlenet/article.aspx?id=612469
Take a look at the disclosed fund fees for John Hancock Target Date 2035. 6 share classes with fees ranging from .71 to 4.13. These are just the disclosed fees. John Hancock Target Date Fund Fees – Same Fund, different shares
