Asset classes with most contributions in October
|
Percentage of contributions |
Index dollar value ($ mil) |
Target date funds |
48% |
$546 |
Large U.S. equity funds |
20% |
$227 |
International equity funds |
7% |
$78 |
October market observations:
Indices were mixed through October with small U.S. equities (represented by the Russell 2000 Index) up 2.1%. The remaining indices fell with large U.S. equities (represented by the S&P 500 Index) dropping -2.7%, international equities (represented by the MSCI All Country World ex-U.S. Index) falling -2.2%, and U.S. bonds (represented by the Bloomberg Barclays U.S. Aggregate Index) down -0.5%