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NDR Dynamic Allocation Strategy Commentary - January 2025

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During December, global stocks underperformed global bonds by more than 18 ba sis points. The model's equity allocation remains above benchmark weighting, with U.S. Large Caps, U.S. Growth, and U.S. Small Caps each receiving more than 15% allocation. The largest fixed income allocations were Emerging Market bonds and U.S. High Yield, both with more than 8% weights.

Ned Davis Research | NDR Dynamic Allocation Strategy Commentary | Monthly

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