Key insights
- The question concerns the discrepancy between the user's investment timeline and the stated inception date of a mutual fund within their 401k. The user invested in 2015, but the fund's inception date is listed as 2020. This suggests a possible fund restructuring, name change, or share class creation that doesn't necessarily reflect a new underlying investment strategy. No direct US market influence.
I have a 401k that's over 10 years old. I made selections of which investments my contributions went into when I opened it and haven't changed them.
I would not have selected anything with less than a 10 year track record, but one fund (Harbor Capital Appreciation CIT Class 2) is showing as having an inception date of 2020.
That confuses me a great deal.
Can someone explain how that would be? I chose the investments in the 401k back in 2015, 5 years before the stated inception date of that fund.