Putnam Investments Introduces Lower-Cost Pricing Option on Firm’s Retirement Advantage Target-Date Fund Series
Company’s New Share Class Expected to Bring Greater Level of Institutional Pricing to Defined Contribution Plans
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“We regularly evaluate our product offerings in an ongoing effort to provide retirement plans with an exceptional slate of actively managed investment strategies at competitive prices,” said
Putnam Retirement Advantage Funds are designed for plan participants who want the risk/return profile of their asset allocation glide path to reflect their projected retirement date. The funds are actively managed by Putnam’s Global Asset Allocation team, a highly experienced group with a strong long-term track record of pursuing multi-asset investment strategies.
Putnam Retirement Advantage Funds, which currently have
“Putnam is laser-focused on addressing the issues most important to plan sponsors and consultants, including fees, transparency and performance. We see our role as a critical piece of the equation, as we work closely with retirement plan sponsors and their advisors in providing an array of effective and innovative traditional and non-traditional investment strategies for participants,” added McKay.
Putnam’s DCIO business, with
About Putnam Investments
Founded in 1937, Putnam Investments is a leading global money management firm with 80 years of investment experience. At the end of
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Putnam Investments
516-946-5598 (cell)
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or
978-505-0524 (cell)
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Source: Putnam Investments
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