Alight Solutions 401(k) Index statistics for November 2020:
Index statistics |
November |
2020 YTD |
Total transfers as percentage of starting balance |
0.16% |
3.51% |
# Fixed days |
11 (55%) |
173 (75%) |
# Equity days |
9 (45%) |
58 (25%) |
# Above-normal days |
3 |
47 |
Inflows and outflows during November:
- Trading inflows mainly went to bond, stable value and target date2 funds
- Outflows were primarily from company stock, large U.S. equity and balanced funds
Asset classes with most trading outflows in November
|
Percentage of outflows |
Index dollar value ($ mil) |
Company stock |
47% |
$167 |
Large U.S. equity funds |
20% |
$72 |
Balanced funds |
13% |
$46 |
November investment portfolios:
- After reflecting market movements and trading activity, average asset allocation in equities increased from 65.4% in October to 66.9% in November
- New contributions to equities increased from 67.2% in October to 67.3% in November
Asset classes with most contributions in November
|
Percentage of contributions |
Index dollar value ($ mil) |
Target date funds |
47% |
$479 |
Large U.S. equity funds |
20% |
$204 |
International equity funds |
7% |
$72 |
November market observations:
All indices gained in November with all equities reaching double digit returns. U.S. small equity (represented by the Russell 2000 Index) up 18.4%, international equity (represented by the MSCI All Country World ex-U.S. Index) rose 13.5%, and U.S. large equity (represented by the S&P 500 Index) up 11.0%. U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) also gained 1.0%.