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Factor Perspectives
Q3 Factor Outlook
Uncertainty around COVID-19 continues to drive a tug-of-war between pro-cyclical factors (reopening winners) and defensive factors (stay at home winners).
Investing involves risk, including possible loss of principal.
This material represents an assessment of the market environment as of the date indicated; is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular.
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