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                                                              Update to BCT Market Outlook (May 2017)

                                                              Due to increased uncertainty in the US market, BCT has updated investment views for "US Equities" and "Global Bonds":

                                                              • US Equities – rating downgraded from "Neutral" to "Slightly Underweight"
                                                              • Global Bonds – rating upgraded from "Neutral" to "Slightly Overweight"

                                                              Please read the updated BCT Monthly Market Outlook now.

                                                              Related Link:
                                                              BCT Market Outlook (May 2017)


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