The sinking stock market has resulted in an influx of 401(k) plan money into fixed-income funds, Hewitt has found. According to the consulting firm’s 401(k) index, money moved into fixed income on 86% of the days in June, the biggest percentage in a month in three years. Hewitt also found that money continues to flow out of international and emerging-market equity funds, as GIC/Stable Value Funds fetched 76% of transferred balances, while 21% went into money market funds. GIC/Stable Value Funds held 22% of all 401(k) balances as of June 30, while large U.S. equity funds received the highest percentage of new participant contributions (23.19%). GIC/Stable Value Funds was second, attracting 17.45% of new money.