March 2020
Define.Plan.Achieve
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Perspectives on the markets reaction to the Coronavirus Crisis
A note from Greg Frost

Dear Client,
I am writing to provide you with some perspective on the market’s recent reaction to the coronavirus outbreak and what that might mean for your investments.

What is happening in the markets?

The spread of the coronavirus disease (COVID-19) and the recent growth in new cases outside of China have prompted a sharp market correction in global stock markets. Assets seen as safe havens, such as gold, increased in value. The outbreak has already had a significant effect on China, the world’s second-largest economy with a key role in the global supply chain and a consumer of foreign goods. With the virus continuing to spread, markets were reacting to the outbreak’s expanding potential impact on the global economy.

This week, we give an update on market volatility and the concerted actions of central banks
Clément Gignac is Senior Vice-President and Chief Economist at iA Financial Group. He serves as the company’s spokesperson on economic matters.


What helps us sleep at night
At moments of fear in the market, we regularly receive questions about how we can sleep at night given all the market volatility. In response to these inquiries over the last 12 years, we have written notes that walked through examples of businesses we owned and explained why we thought they would thrive over time.

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Coronavirus Update -
Keeping Volatility in Perspective
When markets are volatile, it’s natural to be worried about the impact on your portfolio. And when you’re worried, you want to take action.


Helping you grow, protect and leave a legacy

This information has been prepared by Greg Frost who is an Investment Advisor for HollisWealth®. The material contained does not necessarily reflect the opinion of HollisWealth. HollisWealth® is a division of Industrial Alliance Securities Inc., a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. The information contained in this newsletter comes from sources we believe reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any of the securities mentioned. The information contained herein may not apply to all types of investors. The Investment Advisor can open accounts only in the provinces in which they are registered. HollisWealth® is a division of Industrial Alliance Securities Inc., a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. For more information about HollisWealth, please consult the official website at www.holliswealth.com . Insurance products provided through Hollis Insurance.