WWK UPDATE - OCTOBER 2015
3rd Quarter Report
Dear Jason,

Global Equity Markets produced significantly negative results across the globe as volatility returned to the financial markets. The Third Quarter results for some of the most frequently watched indexes are as follows:
  • Dow Jones Industrials: -6.98%
  • S&P 500: -6.44%
  • MSCI EAFE: -10.23%
  • MSCI EM: -17.90%    

Meanwhile, fixed-income markets rallied a bit during the recent tumultuous equity markets. During the Third Quarter the Federal Reserve also delayed their expected raise in the Fed Funds Rate. The Third Quarter results for the bond markets continued to be mixed and are as follows:
  • Barclays US Aggregate: +1.23%
  • Barclays Municipal: +1.65%
  • Barclays Global Aggregate: +0.85%
  • Barclays US Corp High Yield: -4.86%
Mortgage Market Update

According to US News & World Report, the average US rate on 30-year mortgages falls to 3.86 percent and the average US rate on 15-year mortgages falls down to 3.08 percent. This comes on the heels of the Federal Reserve's decision not to increase interest rates right now. However, there is still talk about higher rates occurring before the end of the year. For more information on this article click on the following link below: 
Required Minimum Distribution (RMD) Season is Here
If you have or will reach the age of 70 1/2 by December 31, 2015, the IRS will require you to take money out of your retirement accounts. These mandatory withdrawals are called Required Minimum Distributions (RMD's). You must take an RMD for the following accounts:
  • IRA's (including Traditional, Rollover, Inherited, SEPs, SIMPLE plans)
  • Qualified Retirement Plans (including Keogh, 401(k), 403(b)(7)

At WWK we strive to make this process as simple as possible for you. If you are interested in having us send you a form to have your RMD automatically calculated and processed every year, please send an e-mail to Team@WWKinvestments.com and include "RMD Form" in the subject line. We look forward to helping you with this!

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Securities are offered through WWK Investments, Inc. - Member: FINRA - SIPC
Investment Advisory Services are offered through WWK Advisors - Registered Investment Advisor

The information contained in this material is being provided for general educational purposes and should not be interpreted as specific legal, tax or investment advice.  It does not address or account for your individual investor circumstances.  Investment decisions should always be made based on your specific financial needs and objectives, goals, time horizon and risk tolerance.  Consult your tax advisor or attorney regarding tax issues specific to your circumstances. Neither WWK Advisors, LLC nor WWK Investments, Inc. offer tax or legal advice. Any legal services are provided through Haelewyn Harris Law PLLC, a completely separate business entity that is not affiliated with WWK Investments, Inc. or WWK Advisors, LLC. 

Investors should carefully consider the investment objectives, risks, charges and expenses of any investment.  This and other important information is contained in the prospectuses (links to prospectuses can be found here), which can be obtained from your financial professional and should be read carefully before investing.  Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity.

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Phone:  248-449-8300  | Fax: 248-449-8388