How are IRA mutual fund assets allocated?
At year-end 2006, 53 percent of mutual fund assets in IRAs were invested in domestic equity funds. Money market funds held 10 percent, foreign equity funds represented 14 percent, bond funds held 10 percent, and hybrid funds (which include lifestyle and lifecycle funds) were 14 percent of IRA mutual fund assets.
At the end of the third quarter of 2009, 42 percent of mutual fund assets in IRAs were invested in domestic equity funds. Foreign equity funds held 13 percent, hybrid funds (which include the bulk of lifestyle and lifecycle funds) held 16 percent, bond funds held 16 percent, and money market funds held 13 percent of IRA mutual fund assets.
