Alight Solutions 401(k) Index statistics for January 2020:
Index statistics |
January |
2020 YTD |
Total transfers as percentage of starting balance |
0.17% |
0.17% |
# Fixed days |
12 (57%) |
12 (57%) |
# Equity days |
9 (43%) |
9 (43%) |
# Above-normal days |
5 |
5 |
Inflows and outflows during January:
- Trading inflows mainly went to bond, target date2 and international equity funds
- Outflows were primarily from stable value, large U.S. equity and small U.S. equity funds
Asset classes with most trading outflows in January
|
Percentage of outflows |
Index dollar value ($ mil) |
Stable value funds |
39% |
$147 |
Large U.S. equity funds |
26% |
$99 |
Small U.S. equity funds |
15% |
$55 |
January investment portfolios:
- After reflecting market movements and trading activity, average asset allocation in equities decreased from 68.1% in December to 67.7% in January
- New contributions to equities increased from 67.4% in December to 68.0% in January
Asset classes with most contributions in January
|
Percentage of contribution |
Index dollar value ($ mil) |
Target date funds |
47% |
$753 |
Large U.S. equity funds |
20% |
$327 |
International equity funds |
7% |
$116 |
January market observations:
January was a volatile month for investors. U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) generated a positive return of 1.9%. U.S. large cap equities (represented by the S&P 500 Index) were flat, international equities (represented by the MSCI All Country World ex-U.S. Index) dropped 2.7% and U.S. small cap equities (represented by the Russell 2000 Index) fell 3.2%.