|Expense Ratio (net)||1.20%|
|Category||Foreign Small/Mid Growth|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Below Average|
|Beta (3Y Monthly)||0.99|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Dec 30, 1988|
Note: This article is part of Morningstar's 2019 Portfolio Tuneup week. My Aggressive Retirement Saver Portfolio is designed for an aggressive beginning investor who expects to retire 40 years hence. Given that it's designed to take advantage of the younger investor's ultralong runway--and his high tolerance for short-term volatility--it featured more than 90% in stocks, including healthy dollops of small-cap and international stocks, as well as emerging-markets equities.
Note: This article is part of Morningstar's 2019 Portfolio Tuneup week. My answer, in short, is that the Bucket Approach--essentially segmenting a portfolio by time horizon--is most useful for retirement planning. Not only does an in-retirement Bucket Portfolio provide ready cash reserves if the long-term components of the portfolio are at a low ebb (and, therefore, not good candidates for selling) but in better market environments, it also facilitates easy rebalancing to shake off income for living expenses.
Note: This article is part of Morningstar's 2019 Portfolio Tuneup week. Seventy-five years ago, the average remaining life expectancy for a man reaching age 65 was 12.7 years, and 14.7 years for a 65-year-old woman, according to Social Security Administration data.