Asset classes with most contributions in June
|
Percentage of contributions |
Index dollar value ($ mil) |
Target date funds |
46% |
$483 |
Large U.S. equity funds |
21% |
$219 |
International equity funds |
7% |
$76 |
June market observations:
June saw moderate returns across all indices with international equities (represented by the MSCI All Country World ex-U.S. Index) leading, up 4.5%. U.S. equities followed, with small U.S. equities (represented by the Russell 2000 Index) rising 3.5% and large U.S. equities (represented by the S&P 500 Index) gaining 2.0%. U.S. bonds (represented by Bloomberg Barclays U.S. Aggregate Index) were also up 0.6%.