MFC Hedging Activities for Q4-2010Progress on the Company's risk reduction goal was made throughout the fourth quarter by lengthening the duration of the Company's fixed income investments in its liability segments, both by investing cash and by trading out of shorter bonds into longer bonds.
Favourable interest rate and equity market movements in the fourth quarter enabled the Company to accelerate progress towards the Company's risk reduction goals. Updated equity market and interest rate sensitivities based on the Company's positions at December 31, 2010 will be provided with the fourth quarter 2010 results, which are scheduled to be released on February 10, 2011.
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