Asset classes with most contributions in February
|
Percentage of contribution |
Index dollar value ($ mil) |
Target date funds |
45% |
$801 |
Large U.S. equity funds |
20% |
$354 |
Company stock funds |
7% |
$117 |
February market observations:
Equity indices struggled in February with international equities (represented by the MSCI All Country World ex-U.S. Index) losing -7.9%, large U.S. equities (represented by the S&P 500 Index) dropping -8.2% and small U.S. equities (represented by the Russell 2000 Index) falling -8.4%. However, U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) stayed positive, gaining 1.8%.