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A Closer Look at Transamerica s Strategy Outlook for 2021

December 16, 2020 As we explore the immediate opportunities and challenges ahead, exchange traded fund investors will have to consider the impacts of the political climate, finding income, and much more. In the recent webcast, Where We Stand: 2021 Market Outlook, Tom Wald, Chief Investment Officer, Transamerica Asset Management, outlined major points that investors will have to look out for in the new year ahead. For example, the second wave of COVID-19 is inflicting exponentially rising damage. Markets will strive to look to the other side of the virus as high-efficacy vaccines will soon be accessible. Consequently, investors may need to brace for slowing rates of economic growth and market volatility in the early part of 2021. The economic recovery and markets should reaccelerate in the spring and summer months, providing a favorable backdrop for investors as the year moves forward.

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