All nine One Choice Target Date Portfolios posted negative returns in the first quarter.
Global financial markets declined in the first quarter amid the war in Iran.
Top absolute performers in the applicable portfolios were International Value, Emerging Markets, Small Cap Value, Small Cap Dividend and Mid Cap Value.
Across fixed-income holdings, Short Duration Inflation Protection Bond, Inflation-Adjusted Bond and Short Duration were top performers.
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Quarterly Commentary
All nine One Choice Target Date Portfolios posted negative returns in the first quarter.
Market Environment
Global financial markets declined in the first quarter amid the war in Iran. Soaring energy prices ignited