Asset classes with most contributions in September
|
Percentage of contributions |
Index dollar value ($ mil) |
Target date funds |
47% |
$514 |
Large U.S. equity funds |
20% |
$219 |
International equity funds |
7% |
$77 |
September market observations:
Markets were down in September with large U.S. equities (represented by the S&P 500 Index) falling -3.8%, small U.S. equities (represented by the Russell 2000 Index) sliding -3.3%, international equities (represented by the MSCI All Country World ex-U.S. Index) losing -2.5% and U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) falling -0.1%.