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