Alight Solutions 401(k) Index statistics for June 2020:
Index statistics |
June |
2020 YTD |
Total transfers as percentage of starting balance |
0.26% |
1.96% |
# Fixed days |
17 (77%) |
82 (66%) |
# Equity days |
5 (23%) |
43 (34%) |
# Above-normal days |
3 |
35 |
Inflows and outflows during June:
- Trading inflows mainly went to bond, stable value and money market funds
- Outflows were primarily from large U.S. equity, target date2 and company stock funds
Asset classes with most trading outflows in June
|
Percentage of outflows |
Index dollar value ($ mil) |
Large U.S. equity funds |
45% |
$245 |
Target date funds |
24% |
$129 |
Company stock |
13% |
$69 |
June investment portfolios:
- After reflecting market movements and trading activity, average asset allocation in equities increased from 65.4% in May to 65.6% in June
- New contributions to equities increased from 67.2% in May to 67.5% in June
Asset classes with most contributions in June
|
Percentage of contributions |
Index dollar value ($ mil) |
Target date funds |
46% |
$483 |
Large U.S. equity funds |
21% |
$219 |
International equity funds |
7% |
$76 |
June market observations:
June saw moderate returns across all indices with international equities (represented by the MSCI All Country World ex-U.S. Index) leading, up 4.5%. U.S. equities followed, with small U.S. equities (represented by the Russell 2000 Index) rising 3.5% and large U.S. equities (represented by the S&P 500 Index) gaining 2.0%. U.S. bonds (represented by Bloomberg Barclays U.S. Aggregate Index) were also up 0.6%.