We are obviously concerned for the people of The Ukraine and the general populous of Russia who want no part in this war, but we also wanted to address any concerns that our clients may have resulting from the conflict.
Whilst we are told to expect some continuing impact of the cost of living, we have been monitoring the situation carefully with our researchers and fund managers and although the future is unknown, they are confident that their approach is a sound one and has prevented our investor clients from feeling the full impact of any market falls.
Not wanting to get too technical but just to explain.
Our research house that selects the fund managers have been, and will continue, to focus on ‘Fundamentals’. That is to say, not rushing after or reacting to trends, but investing soundly in stocks and companies whose balance sheets, governance and operating ethos is solid.
Investments in Pensions, ISAs and General Investment Accounts are spread over up to 40 funds in different sectors and geographically spread around the world, so you are protected, as much as you can be, against market turbulence.
It is also worth saying that even money in the bank, although secure in terms of capital, is losing true value of around 4-5% per year with inflation at its current level.
Markets have already factored in expected interest rate rises and the effects of some sanctions, but there will always be unknown events.
The wise course of action is to hold fast, but please feel free to call us if you have any questions.
We wish you the very best.
The Odyssey Team
