Do you track my previous fund choices and compare to blooom’s?
We do keep them on file, but we don’t track them. It may help to understand how the blooom algorithm works. We will research each fund available to you in your plan, including the funds you were previously invested in. If we didn’t choose to use them in our recommended allocation, then we have already ruled those funds out based on what we believe are the most important factors for hitting your long-term goals. If you’re curious why you don’t see past/current performance on our list of importance when choosing funds see Do you choose the best performing funds? for more details.