The relative results relative to the benchmark. We did add that two new funds, the 2060 and 2065 funds. They will show up performance next quarter. They started in april. Looking at the core lineup on slide 14, this is what we call our stoplight sheet and you will see, just in terms of definitions here, the legends down at the bottom righthand side, the green means it is in the top half relative to peers, yellow is in the third quartile, red is in the fourth quartile, and this is a very favourable report. One is the absolute returns have been very strong, next to each return is the actual ranking. For instance, the social equity fund ranks as the top performer in that category. You will note that there is some read in the active equity. So it is three quarters the way down and third from the bottom. This is really a valley oriented discipline valueoriented discipline manager managed by fidelity. A low stock fund. They are finding value overseas right now. It is up to 40 in internationa
The one thing that is restricted for retirees is no new money can come in because theyre income restricted. They cannot put more money in the plan, however, they can continue to manage the plan and change their investments as they see fit. Okay. So the mandatory so those that are being hit with the mandatory withdrawal, i know theres interest theres interest about how to take those mandatory withdrawals and invest them in other other lack of a better word other investments, so i think thats something we may want to talk about. Maybe mr. Collins is in the audience, and maybe we should talk about a couple of the unions that are interested in that, in passing other information. So its something we should be thinking about because i know there is a lot of concern about it, and before we get a lot of questions and the mandatory withdrawal is the age 70. 5 restriction. Its r. M. D. , required mandatory distribution. But its not retirement, and you have to start withdrawing at 70. 5. Yeah, we
Traded deal with india and japan. Asian stocks slip ahead of saturdays meeting with xi jinping. Americas biggest banks have promised to boost payouts after all 18 aced the fed stress test. Deutsche bank had a surprise pass. Switzerland is set to block trading of its shares in the eu after treaty talks with russells failed with brussels failed. Matt good morning. I want to draw your attention to something that is market related but not a driving force. Still, i think an incredibly interesting move. This is just a threeday chart of bitcoin. We started at 11,000, went up to 14,000, then back down to 10,000. Just massive moves. Gratzrd from michael nola that he had wished he sold more on wednesday. His comments could be one of the things that weight on bitcoin in yesterdays session. Incredible to see a 30 moved in the price of bitcoin. We see a mixed picture if we look at european futures just about 30 minutes away from the start of trading. Dax futures are gaining right now. You will see
Billions more if trade talks do not progress. Osaka and japan. H2o plans to wash its hands of toxic debt. In a bloomberg investigation s employees have worked with the Chinese Military. Less than half an hour away from the start of european trading. Want to draw your attention to treasuries. Yields have floated higher since coming down. Now, this as Goldman Sachs joins jp morgan slashing forecast. Indicating a risk in session is ahead. Futures, same impression. Dax futures up 0. 6 . Paris, a quarter percent. Gains of 0. 2 . What do you see in the gmm . Asian equities going higher. Yields higher. Despite President Trumps talking about how he has a plan b . Has been captivated by reports may be a truce could be on the table if we see some restarts. Hong kong up 1. 2 . We do see money coming out of the yen. Lets go to the other side. You can see coming out of treasuries, and going into debt. Watchinging to be mining stocks in the european section. Prices, and focus in brazil and china. Co
September, and if you havent paid attention tesla shares are down 10 this week alone only two trading days. If they had gotten ai from oh. Well talk about that, a war of words, openai is firing back at elon musk. Theres 1 chance well talk about it. Publishing emails appear no show the tesla cofounder did support creating a for profit entity. Lets begin with the markets and the testimony from the fed chair today. Jim, got some news on what he will say in terms of written words. Yeah. Look, i kind of when march is off the table, i think this is, obviously, one of those, i want to get a little more expansive and getting tired of the game of what month instead, what i see is a man who said listen, were not going to have a hard landing or soft landing. Were fine if it gets weaker well cut. Its kind of a Great Central bank essay about what you need to do in order to be able to get out of an inflationary period. David, i think hes becoming more of a, lets just say a true statesman how far to