AGF Logo
  • Home
  • Industry and Expert Views
  • Investing and Market Views
  • Capitol Insights
  • Français
  • AGF.com
Skip to content
AGF logo
Insights and Market Perspectives
  • Industry and Expert Views
  • Investing and Market Views
  • Capitol Insights
  • Contributors
  • Français
  • Search
Search
Close
This, Too, Shall Pass

  • Investing and Market Views

For Print Only Logo
Insights and Market Perspectives

This, Too, Shall Pass

Author: Blake C. Goldring

March 19, 2020

We’re living through challenging, mostly unprecedented times. The health and well-being of our families, friends, colleagues, clients and communities is – and will remain – our primary concern. But their financial well-being is not something to lose sight of.

Thankfully, a concerted effort on the part of central banks and governments across the globe is underway to stabilize our financial footing as we work collectively to overcome the greatest public health issue of our time. The private sector is playing its part too, and AGF is proud to join Canadian business leaders in signing an open letter by the Business Council of Canada calling for ‘one focus’ to help stop the coronavirus. 

Still, the uncertainty of our current situation and its implications for Canadians’ financial health is weighing hard on us all.

To their credit, Canada’s federal and provincial governments are taking action to help maintain Canadians’ financial well-being. In recent days, we’ve heard commitments from all levels of government to support small businesses and other groups, providing relief to help them survive this difficult time. We’ve also heard commitments of fiscal stimulus to help the broader economy stem the tide.

These commitments are encouraging, to be sure, but we know through experience that weathering the storm can be difficult, particularly in the thick fog of volatility. This is something financial advisors know all too well. In fact, it’s times like these that advisors demonstrate their greatest value, serving as a steady navigator keeping clients focused on their intended destination as they withstand the choppy waters. The key is effective two-way communication to ensure investors’ focus remains on the long-term.

Ultimately, it’s turbulent times like these that highlight the importance of a disciplined investment approach. There’s no place for panic in portfolios. At AGF, our Investment Management team is defined by its disciplined approach and is working hard to offer the best possible stewardship of the investments our clients have entrusted to our care.

We know that we can’t allow volatility to hinder our success so we remain focused on our investment objectives, delivering consistent results and providing the stability our investors seek regardless of tomorrow’s unknowns.

Our clients and partners depend on us for business continuity – and we must be there to help them during unpredictable times. In order to ensure we can maintain business operations while protecting the health and safety of our employees, clients and communities, we have taken a series of specific steps which are outlined here.

It remains to be seen how long it will take to overcome the current public health crisis and related economic and market downturn. But the financial health of Canadians is not an afterthought and important steps in support of it are being taken. If history is any indication, this, too, shall pass – and that’s the most important thing to keep in mind.

The commentaries contained herein are provided as a general source of information based on information available as of March 18, 2020 and should not be considered as investment advice or an offer or solicitations to buy and/or sell securities. Every effort has been made to ensure accuracy in these commentaries at the time of publication, however, accuracy cannot be guaranteed. Investors are expected to obtain professional investment advice.

The views expressed in this blog are those of the author and do not necessarily represent the opinions of AGF, its subsidiaries or any of its affiliated companies, funds or investment strategies.

The term AGF may refer to one or m ore of the direct or indirect subsidiaries of AGF or to all of them jointly. This term is used for convenience and does not precisely describe any of the separate companies, each of which manages its own affairs.

™ The ‘AGF’ logo is a trademark of AGF Management Limited and used under licence.

About AGF Management Limited

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.

For further information, please visit AGF.com.

© 2022 AGF Management Limited. All rights reserved.

Written by

Blake C. Goldring

Blake C. Goldring, C.M., M.S.M., CD, LL.D., DHL, CFA®

Executive Chairman

AGF Management Limited

More from Blake C. Goldring

  • Industry and Expert Views

AGF: Celebrating 65 Years

April 18, 2022

  • Industry and Expert Views

We Will Remember Them

November 11, 2021

  • Industry and Expert Views

Building Back Stronger: A Post-COVID Roadmap for a Better Toronto

December 10, 2020

  • Industry and Expert Views

A Time for Unity and Action

June 5, 2020

Get perspectives straight to your inbox.

Subscribe now

More articles like this.

Will the Fed and Other Central Banks Get It Right?

  • Investing and Market Views

Will the Fed and Other Central Banks Get It Right?

Kevin McCreadie | May 20, 2022

Investors should expect market volatility to continue until it is better understood what impact tighter monetary policy will have on inflation and economic growth, says AGF’s CEO and Chief Investment Officer.

Read More
What Happens to Industrial Stocks When Supply Chain Issues Ease?

  • Investing and Market Views

What Happens to Industrial Stocks When Supply Chain Issues Ease?

Wai Tong | May 19, 2022

Transport stocks may be in for one of the bigger shake ups

Read More
Why Food Inflation Has an Outsized Impact on Emerging Market Bond Investors

  • Investing and Market Views

Why Food Inflation Has an Outsized Impact on Emerging Market Bond Investors

Tristan Sones | May 12, 2022

Some EM countries will benefit while others will be adversely affected, write AGF’s Co-Heads of Fixed Income.

Read More
AGF Logo
  • Industry and Expert Views
  • Investing and Market Views
  • Capitol Insights
Follow AGF

AGF Web Site Pages © 2022 AGF Management Limited. All rights reserved.

Links
  • Terms & Conditions
  • Privacy
  • AGF.com