How has MMBB’s investment strategy changed?
It hasn’t. MMBB has always emphasized, and continues to emphasize, a long-term perspective. We seek returns that beat our benchmarks over the long-term. This philosophy includes a commitment to a diversified portfolio both within and across asset classes. We advise nothing less at this time. Guided by its respected investment committee, MMBB continues to diversify members’ assets, especially in the Annuity Fund, the New Horizons Fund and the Balanced Fund. The more diverse any portfolio, the less likely it will be to suffer the brunt of decline in any one part of that portfolio.