SOURCE: BrightScope

BrightScope

July 28, 2015 08:00 ET

BrightScope Names Top Three Mutual Funds Held in Retirement Plans Across Investment Categories

Vanguard and Fidelity Account for More Than Half of the Funds Represented

SAN DIEGO, CA--(Marketwired - Jul 28, 2015) - BrightScope (www.brightscope.com), a leading provider of independent financial information and investment research, today announced the Top 3 Mutual Funds held in each of the investment categories most commonly offered in retirement plans: Allocation, Alterative Assets, Bonds, Cash/Stable Value, International Stock, Large Cap, Mid Cap and Small Cap. BrightScope's technology reveals detailed information on thousands of funds and supplements it with proprietary data to provide a comprehensive picture of the retirement marketplace.

"The BrightScope list of Top Mutual Funds in retirement plans makes it simple for anyone to quickly identify a short list of investment options with significant asset distribution in the 401k marketplace," said Brooks Herman, Head of Data and Research at BrightScope. "Those looking to make better investment decisions can turn to BrightScope for easy access to find information that was previously disparate or hard to access."

Top funds by category held in U.S. retirement plans ranked by total distribution:

Allocation Funds:

1. Vanguard Wellington
2. Fidelity Freedom 2020
3. Fidelity Freedom 2030

Alternative Asset Funds:

1. Vanguard REIT Index
2. Fidelity Real Estate Investment
3. Invesco Real Estate

Bond Funds:

1. PIMCO Total Return
2. Vanguard Total Bond Market Index
3. Fidelity Spartan US Bond Index

Cash/Stable Value Funds:

1. Vanguard Prime Money Market
2. Fidelity Retirement Money Market
3. Fidelity Institutional Money Market

International Stock Funds:

1. American Funds EuroPacific Growth
2. Dodge & Cox International Stock
3. Fidelity Diversified International

Large Cap Stock Funds:

1. Vanguard Institutional Index
2. Fidelity Contrafund
3. Fidelity Spartan 500 Index

Mid Cap Stock Funds:

1. Fidelity Low-Priced Stock
2. Vanguard Extended Market Index
3. Vanguard Mid Capitalization Index

Small Cap Stock Funds:

1. Vanguard Small Cap Index
2. Vanguard Explorer
3. T. Rowe Price New Horizons

Anyone can access deep insights on key characteristics of nearly 10,000 mutual funds through BrightScope's recently launched Fund Pages. It offers a free, in-depth look at open-ended funds complete with a high-level overview in the form of a "Fund Scorecard" containing information on flows, turnover, fees, and more. Through BrightScope Beacon, investment managers have access to more comprehensive data, giving them a transparent view into their own fund distribution, as well as the distribution of their competitors.

BrightScope's technology uncovers audited financial data on investment funds held within real 401k plans. The BrightScope database is superior to the industry's traditional survey-based approach. Surveys usually capture no more than 10 percent of total distribution and skew heavily towards funds prominent in the survey company's client base.

This list is part of a series of rankings BrightScope regularly publishes to provide investment managers, mutual fund companies, investors, and others with more insight into the top funds and managers in the retirement marketplace. For more information, please visit www.brightscope.com.

About BrightScope
BrightScope is a financial information company that brings transparency to the financial services marketplace through independent research and analysis. Delivered through intuitive online tools, BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors. Information on more than 700,000 financial advisors and nearly 33,000 active advisory firms, as well as ratings for nearly 50,000 retirement plans and analysis on nearly 30,000 fund share classes, are available for free at www.brightscope.com.