Asset classes with most contributions in April
|
Percentage of contributions |
Index dollar value ($ mil) |
Target date funds |
46% |
$562 |
Large U.S. equity funds |
21% |
$250 |
International equity funds |
7% |
$83 |
April market observations:
All indices delivered positive returns, following the first quarter’s decline. Small U.S. equities (represented by the Russell 2000 Index) rose 13.7%, large U.S. equities (represented by the S&P 500 Index) were up 12.8% and international equities (represented by the MSCI All Country World ex-U.S. Index) gained 7.6%. U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) were also up by 1.8%.