As stock markets rebounded in the first quarter of 2019, 401(k) investors moved from equities to fixed income funds. According to the Alight Solutions 401(k) IndexTM, nearly 90% of the days in the quarter saw net trading activity favor fixed income investments. Additionally, there were nine days of above-normal1 trading activity, three days in each month.
First quarter observations:
- Net transfers for the quarter were 0.50% of balances
- 54 out of 61 trading days in the first quarter had net trading dollars moving from equities to fixed income
Alight Solutions 401(k) Index™ statistics for Q1 2019 and year-to-date: