Subject: Market Volatility Update and How Your Target Date Funds Helped
Body: Q1 2020 was an unfortunately remarkable quarter. US equity markets saw a peak to bottom decline of 34%, the largest drop since the Great Recession in 2008. This marked the fastest bear market decline in history at 16 (trading) days. Target date funds (TDFs) helped mitigate losses, particularly for investors approaching retirement with a more conservative allocation.
The flexPATH TDFs in your plan, guided by world-class asset allocation by BlackRock, yet again exhibited strong downside protection during this time. Watch the 30-minute webinar below at your convenience for an update on the markets and our perspectives on long-term investing, as well as a review of flexPATH performance.