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再保险tirement Group’s Funds Not A Big Seller Yet

    再保险tirement lobbyAARPlaunched three no-load mutual funds for its membership early this year, but so far they haven’t taken its members by storm. According toInvestment News, citing figures fromFinancial Research Corp.,AARP Aggressive Fund,AASR保守基金and theAARP Moderate Fundhad attracted a combined $26 million at the end of June. Observers suggest one of the reasons for the performance is that all three are “life-stage funds,” and the AARP was late in entering a field already populated with well-established players, such asThe Vanguard Group, which offers competitively prices similar products. While market watchers say the performance is disappointing, an AARP spokeswoman toldInvestment Newsthat it didn’t expect to have attracted lots of money at this point.