Anyone else notice a disturbing drop in the Total Allocation Portfolio managed by WA state in the last 30 days? I logged into my account and found it had dropped like 30% since the last time I checked! Crazy! There hasn't been a drop like that since 2009 or so. I kept some of my portfolio here but now I think I will actively manage it myself from here on in.
How, when looking at the attached investment strategy, does one explain this precipitous drop? Is it the Public Equity portion of the pie? While my other accounts saw a smallish drop in this period(mostly US/Global equities), they have already recovered nicely.
And, if you're wondering, I called the plan and it did indeed see a crazy drop. Not a hack or withdrawal or anything...
-fixie