Index statistics |
September |
2017 YTD |
Total transfers as percentage of starting balance |
0.17% |
1.04% |
# Fixed days |
16 (80%) |
102 (54%) |
# Equity days |
4 (20%) |
86 (46%) |
# Above-normal days |
1 |
7 |
Inflows and outflows during the month:
- Trading inflows went to international, stable value, and bond funds
- Outflows were primarily from company stock and U.S. equities
Asset classes with most trading inflows in September
|
Percentage of inflows |
Index dollar value ($ mil) |
International funds |
27% |
$88 |
Stable value funds |
23% |
$75 |
Bond funds |
18% |
$57 |
Asset classes with most trading outflows in September
|
Percentage of outflows |
Index dollar value ($ mil) |
Company stock funds |
49% |
$160 |
Large U.S. equity funds |
28% |
$89 |
Small U.S. equity funds |
12% |
$38 |
September investment portfolios:
- At the end of September, 67.6% of balances were invested in equities, up from 67.1% at the end of August
- 67.0% of new contributions were invested in equities, down very slightly from 67.1% in August
Asset classes with most contributions in September
|
Percentage of contributions |
Index dollar value ($ mil) |
Target date funds |
46% |
$473 |
Large U.S. equity funds |
19% |
$196 |
International funds |
8% |
$84 |
September market observations
Capital markets saw positive gains for small U.S. equity funds (represented by the Russell 2000 Index), large U.S. equity funds (represented by the S&P 500 Index), and international equities (represented by the MSCI All Country World ex-U.S. Index). U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) declined slightly in September.