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INVESTMENTS - TACTICAL UPDATES

Emblem Portfolios in Action

Investments, Tactical Updates

Emblem Portfolios in Action: Tactically increased international equity, reduced fixed income.

Current Target Asset Allocation Positioning as at March 5th 2015

Rationale behind the action:

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Emblem Portfolios in Action

Investments, Tactical Updates

Emblem Portfolios in Action: Tactically increased fixed income, decreased Canadian equity

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