Asset classes with most contributions in January
|
Percentage of contribution |
Index dollar value ($ mil) |
Target date funds |
47% |
$753 |
Large U.S. equity funds |
20% |
$327 |
International equity funds |
7% |
$116 |
January market observations:
January was a volatile month for investors. U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) generated a positive return of 1.9%. U.S. large cap equities (represented by the S&P 500 Index) were flat, international equities (represented by the MSCI All Country World ex-U.S. Index) dropped 2.7% and U.S. small cap equities (represented by the Russell 2000 Index) fell 3.2%.