Patent ID: 8386361
Filing Date: 2013-02-26
Classification: G06Q

Abstract:
1. A computer-implemented method of evaluating target date funds, comprising using at least one processor and at least one storage medium to perform the following operations: receiving, by a computer from at least one database, information concerning a plurality of target date funds, wherein each target date fund is associated with a glide path and a target retirement date; determining a quantified diversification level for each of the plurality of target date funds; determining at least one equity ratio for each of the plurality of target date funds; outputting a summary of at least a subset of the plurality of target date funds, the summary comprising at least a visual representation of both the diversification levels and the equity ratios associated with the subset of the plurality of target date funds to facilitate a comparison among these target date funds, wherein the outputting comprises: determining a customer's investment goals or objectives, the customer being selected from a group consisting of: (a) a sponsor of an investment plan, (b) a participant of an investment plan, and (c) an individual investor; comparing the customer's investment goals or objectives with visually identifiable groups of the plotted target date funds on the coordinate system; and identifying a desired type of target date fund based on the comparison.