IJUL - Checking In On International Equity Markets

• We've written extensively about our growing optimism on international equities recently, and our enthusiasm hasn't faded.
• We're encouraged by economic data that continues to rebound, while the approval, acquisition and distribution of vaccines seem to be improving at the same time.
• We think this creates a compelling opportunity to reinvest in the revival of developed market equities, all while the region takes encouraging, albeit cautious, steps to reopen its local economies.

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