Dear Fintax Investor

Please find attached the May 2020 fund fact sheets along with a commentary by MGIM.

Notable is the current yields being generated in the Funds, 2.0% in Growth and 2.3% in Balanced. The fixed income component in the Balanced Fund is cur­rently yielding 4%, the most attractive it has been in the past 5 years. 

Investors will have noted a relatively new name in the Funds, namely Jennison Global Opportunities Equity Fund. Below, we have included a link to a recent webinar by the Jennison Investment Team which will give investors a good idea of their views on capital allocation. Please click on the link below and register where after you will be redirected to the recording and accompanying slides.

LINK:  Jennison Fund Update and Outlook

Please don’t hesitate to contact us should you wish to discuss this information.

Growth Fund Fact Sheet

Balanced Fund Fact Sheet