Asset classes with most contributions in July
|
Percentage of contributions |
Index dollar value ($ mil) |
Target date funds |
46% |
$569 |
Large U.S. equity funds |
21% |
$255 |
International equity funds |
7% |
$87 |
July market observations:
Positive returns continued in July across all followed indices. Large U.S. equities (represented by the S&P 500 Index) rose 5.6%, international equities (represented by the MSCI All Country World ex-U.S. Index) gained 4.5%, and small U.S. equities (represented by the Russell 2000 Index) were up 2.8%. U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) rose 1.5%.