Alight Solutions 401(k) Index™ statistics for Q2 2019 and year-to-date:
Index statistics |
Q2 2019 |
2019 YTD |
Total transfers as percentage of starting balance |
0.61% |
1.10% |
# Fixed days |
53 (84%) |
107 (86%) |
# Equity days |
10 (16%) |
17 (14%) |
# Above-normal1 days |
7 |
16 |
Asset classes with most trading outflows in Q2 2019
|
Percentage of outflows |
Index dollar value ($ mil) |
Large U.S. equity funds |
55% |
$669 |
Company stock |
23% |
$278 |
International funds |
12% |
$141 |
Second quarter market observations:
Despite a dip in the middle of the quarter, most major market indices rose during Q2 2019. Large U.S. equities (represented by S&P 500 Index) were up 4.3%, small U.S. equities (represented by Russell 2000 Index) gained 2.1%, and international equities (represented by MSCI All Country World ex-U.S. Index) rose by 3.0%. U.S. bonds (represented by Bloomberg Barclays U.S. Aggregate Index) gained 3.1%.