The Alight Solutions 401(k) Index™ statistics for the month of March 2019:
Index statistics |
March |
2019 YTD |
Total transfers as percentage of starting balance |
0.18% |
0.50% |
# Fixed days |
20 (95%) |
54 (89%) |
# Equity days |
1 (5%) |
7 (11%) |
# Above-normal days |
3 |
9 |
Inflows and outflows during the month:
- Trading inflows mainly went to bond, stable value, and money market funds
- Outflows were primarily from large U.S. equity funds, company stock, and small U.S. equity funds
Asset classes with most trading outflows in March
|
Percentage of outflows |
Index dollar value ($ mil) |
Large U.S. equity funds |
37% |
$137 |
Company stock |
22% |
$82 |
Small U.S. equity funds |
15% |
$54 |
March investment portfolios:
- After reflecting market movements and trading activity, average asset allocation in equities remained unchanged at 67.9% in March
- New contributions in equities remained increased to 68.3% at the end of March from 67.7% at the end of February
Asset classes with most contributions in March
|
Percentage of contribution |
Index dollar value ($ mil) |
Target date funds
|
42% |
$835 |
Large U.S. equity funds |
21% |
$416 |
International funds |
8% |
$159 |
March market observations:
The capital markets delivered mixed performance during the month of March. The U.S. bond market (represented by the Bloomberg Barclays U.S. Aggregate Index) gained 1.9%. Large U.S. equities (represented by the S&P 500 Index) rose 1.9% and international equities (represented by the MSCIACWI ex-US Index) gained 0.6%. Small U.S. equities (represented by the Russell 2000 Index) fell -2.1%.