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  • 12/11/15 10:00 am EST
    Bank of America Merrill Lynch Announces Year-end Rebalancing Changes for the Merrill Lynch Commodity Index eXtra℠
    Following an annual review in accordance with its rules, the target constituent weights for the BofA Merrill Lynch Commodity Index eXtra (MLCX) will rebalance to the values shown in Table 1 below on December 31, 2015. Similar changes will propagate across the MLCX sub-indices. Cotton will be removed from MLCX at the December 31 rebalancing, as it does not meet the quantitative criteria for selection and an exception is no longer deemedmore...
  • 12/10/15 10:00 am EST
    Bank of America Merrill Lynch Report Shows Significant Growth in Employer-offered Financial Benefit Plans

    Millennial Generation Prioritizing Health Savings, Accounting for One-third of Health Savings Account Enrollment

    Today, new data released by Bank of America Merrill Lynch reveals that more employees are enrolling in their workplace benefit plans and looking to their employers for more access to information, education and assistance in managing their finances. In the first six months of 2015, employee workplace engagement was on the rise with a 44 percent1 increase in the number of employees who enrolled for the first time in their employer’s 401(k) plan,more...
  • 12/10/15 9:30 am EST
    Bank of America’s Year-End Millennial Snapshot Reveals the Great Recession and Family Experiences Impact Financial Attitudes

    Millennials Don’t Let Past Financial Burdens Interfere With Living for Today, and Seek Sense of Balance for Tomorrow

    Despite the financial burdens and other obstacles millennials face, they are eager to use life experiences to pursue financial independence. The impact of the Great Recession, combined with insights from their parents, play a significant role in how millennials manage their own financial lives, according to the Bank of America Year-End Millennial Snapshot. Bank of America evaluated data from more than 3,500 millennials acrossmore...
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