The Alight Solutions 401(k) Index™ statistics for the month of November 2018:
Index statistics |
November |
2018 YTD |
Total transfers as percentage of starting balance |
0.13% |
1.20% |
# Fixed days |
15 (71%) |
140 (60%) |
# Equity days |
6 (29%) |
92 (40%) |
# Above-normal days |
3 |
37 |
Inflows and outflows during the month:
- Trading inflows mainly went to stable value, money market, and large U.S. equity funds
- Outflows were primarily from target date2 and company stock
Asset classes with most trading inflows in November
|
Percentage of inflows |
Index dollar value ($ mil) |
Stable value funds |
59% |
$152 |
Money market funds |
18% |
$46 |
Large U.S. equity |
13% |
$34 |
Asset classes with most trading outflows in November
|
Percentage of outflows |
Index dollar value ($ mil) |
Target date funds |
62% |
$159 |
Company stock funds |
25% |
$65 |
November investment portfolios:
- Asset allocation in equities increased slightly to 68.1% at the end of November from 68.0% at the end of October
- New contributions in equities decreased to 67.7% in November from 68.1% in October
Asset classes with most contributions in November
|
Percentage of contributions |
Index dollar value ($ mil) |
Target date funds |
48% |
$528 |
Large U.S. equity funds |
19% |
$214 |
International funds |
7% |
$80 |
November market observations
After a volatile October, the capital markets provided positive returns in November. Large-Cap U.S. equities (represented by the S&P 500 Index) were up 2.0% and Small-Cap U.S. equities (represented by the Russell 2000 Index) were up 1.6%. International equities (represented by the MSCI ACWI ex-US Index) were up 1.0% and the U.S. Bond market (represented by the Bloomberg Barclays U.S. Aggregate Index) was up 0.6%.