Uncertainty is part of our business model
From the beginning, when we introduced our automated investing portfolios almost three years ago in the UK (and five years ago in Canada), we've aimed to build financial products that will help our clients meet their long-term goals with the lowest possible cost and the smartest possible outcome. As students of financial history, we know that means being wise during market rallies and market collapses. Surprises and uncertainty are expected — we just don't know when they'll show up. What's happening now is devastating on a public health level, and will likely have negative economic impacts in the short term, but our approach to long-term investing remains the same.
If you need some additional reassurance, one of our Investment Advisors, Tom Francis, hosted a webinar on the UK's Budget on 11th March and market conditions as COVID-19 develops.
Please find the recording here.
Thank you for your continued trust in us. Keep calm, carry on, wash your hands, be kind to the vulnerable, and together let's flatten that curve.