Mutual Fund Benchmarks

March 30, 2001 - Closing figures for widely followed mutual fund benchmarks:

Domestic Equity Benchmarks

S&P 5001160.33+12.38
S&P MidCap 400459.92+3.61
S&P SmallCap 600204.78+4.22
Dow Jones Industrials9878.78+79.72
S&P 500/BARRA Growth566.78+5.27
S&P 500/BARRA Value592.27+7.01
Nasdaq Composite1840.26+19.69
Russell 2000450.53+9.00

International Equity Benchmarks
FTSE 1005612.2+23.8
DAX5829.95-49.35
Nikkei 22512999.70-72.66
Hang Seng12760.64+82.75

Fixed Income Benchmarks

For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.

3-Month T-Bill Rate4.18% (previous close: 4.22%)
10-Year Treasury Rate4.92% (previous close: 4.98%)

Benchmarks as of 5:15 p.m. EST.

Copyright 2001, Standard & Poor’s, a division of The McGraw-Hill Companies, Inc.  All rights reserved. For more information, see our Terms of Use .

Net Fund Outflows in February

March 29, 2001 (PLANSPONSOR.com) - The nation's stock funds suffered a net outflow in February, as investors pulled money out of aggressive growth and international funds.

Stock funds saw a net outflow of $3.07 billion last month, a dramatic turnaround from January’s $25.06 billion net inflows, according to the Investment Company Institute (ICI). 

This was largely the result of a $4.38 billion outflow from international equity funds, and a $1.5 billion outflow from aggressive growth funds, which overcame inflows in other equity categories.

For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.

Overall, the nation’s mutual fund assets slipped 4.7% during the month to $6.897 trillion.  The total value of equity funds decreased by 9.9%, falling to $3.689 trillion, a casualty of redemptions and market value losses.  Hybrid funds, which include both equity and fixed income holdings, fell 2.9% to $346.5 billion. 

Money market mutual funds enjoyed a net cash inflow of $54.88 billion in February, as investors sought safe havens from the declining stock market. Funds offered primarily to institutions reported cash flow of $33.26 billion in February.

The value of bond funds gained 1.4%, with the combination of taxable and nontaxable investments totaling $841.6 billion at month end.

The ICI data includes 8,197 mutual funds, up from 7,869 a year ago.

«