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Q4 2018 Quarterly Investment Commentary

| January 11, 2019
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Big Market Selloff in Q4; Current Fundamentals Still Positive

Investors shunned risk assets in Q4 as global equity, credit and commodity markets declined.  Concerns remain, but markets may have already priced in some of these concerns.  In the Q4 Quarterly Investment Commentary, the FWA Investment Committee provides timely updates on the markets, investment strategy and how the FWA-managed portfolios have been navigating this volatile environment.

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