The Alight Solutions 401(k) Index™ statistics for the month of March 2018:
Index statistics |
March |
2018 YTD |
Total transfers as percentage of starting balance |
0.17% |
0.43% |
# Fixed days |
16 (76%) |
29 (48%) |
# Equity days |
5 (24%) |
32 (53%) |
# Above-normal days |
2 |
23 |
Inflows and outflows during the month:
- Trading inflows mainly went to stable value, bond, and money market funds
- Outflows were primarily from target date2, large U.S. equity, and international funds
Asset classes with most trading outflows in March
|
Percentage of outflows |
Index dollar value ($ mil) |
Target date funds |
37% |
$125 |
Large U.S. equity funds |
33% |
$111 |
International funds |
10% |
$35 |
March investment portfolios:
- At the end of March, 68.4% of balances were invested in equities, down from 68.9% at the end of February
- 68.7% of new contributions were invested in equities at the end of March, up from 68.1% in February
Asset classes with most contributions in March
|
Percentage of contribution |
Index dollar value ($ mil) |
Target date funds |
42% |
$828 |
Large U.S. equity funds |
20% |
$397 |
International funds9 |
9% |
$180 |
March market observations
Capital market returns were mixed during the month, with small U.S. equities (represented by the Russell 2000 Index) and U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) gaining in value, and large U.S. and international equities (represented by the S&P 500 Index and MSCI All Country World ex-U.S. Index, respectively) declining in value.