Short answer: yes
Longer answer: 
http://technet.microsoft.com/en-us/library/dd297955%28v=exchg.150%29.aspx

From: [email protected]
To: [email protected]
Subject: [Exchange] implementing Retention policy on Exchange 2013CU6
Date: Fri, 5 Dec 2014 00:47:07 +0000









Hi All,
 
I am tasked to implement a retention policy for all mail items of X year 
company wide. I was looking into the default policy on the server, and I was 
wondering if the default policy is enough for both default folders and user 
defined folders?
Any feedback in general based on your experience with the retention policies 
appreciated.
 
Thanks,
 
Rami
 






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