401(k) Investors Surging into Bonds. A Mistake at These Rates?
In reaction to losses in equities, 401(k) investors in August transferred assets mainly into bond funds, according to the results of the Hewitt 401(k) Index™. A total of $347 million moved from equities into fixed income investments during the month, representing 0.31% of total assets. Seventy-three percent of days during the month saw fixed income-oriented transfers. Click here for a report from the Hewitt 401(k) Index.