European legislation (MiFID II) requires banks to inform you if the value of your assets under management has fallen by at least 10 per cent below the value reported in the last quarterly report, or compared to the last 10 per cent report. This scenario has occurred today for your portfolio.
Temporary market fluctuations are common in the stock market. However, they do not distract us from the objective of protecting your assets and allowing them to grow in a balanced way over the longer term.
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When you invest in the stock market, you know that price fluctuations, upwards and downwards, are inherently linked to equities. Share prices react to the latest information, and when there is a great deal of uncertainty, this reaction can be fierce.
Inflation, interest rate hikes and the conflict in Ukraine weigh on returns in recent weeks Nevertheless, we must not lose sight of the long-term perspective. History shows that abrupt panic responses to crises usually do not pay off. Those who exited the stock market in March 2020 or in the fourth quarter of 2018 missed a fantastic stock market ride. Keeping calm and maintaining a long-term perspective is the best strategy in the long run.
