BMO Poll: Canadian Investors Believe Market Volatility Will Continue in 2016; Many Remain Optimistic About Their Portfolios
- Canadians are optimistic their investment portfolios will increase, despite perceived market volatility - Canadian investors remain cautious about their investments, consistent with previous years - Moderate global economic growth, supportive monetary and fiscal policy and reasonable equity valuations to support good opportunities in equities in 2016
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 01/19/16 -- A report released today by BMO Bank of Montreal found that half of Canadians (53 per cent) feel market volatility will remain the same or worsen in 2016. However, almost the same percentage (48 per cent) still expect the value of their portfolio to increase.
The report, conducted by Pollara, also revealed that Canadians remain cautious about their investments, with 44 per cent looking for safe solutions and over half (54 per cent) feeling influenced by a volatile market.
"It is prudent for investors to take a cautious approach with their investment portfolios in 2016 given the current state of the market," noted Paul Taylor, Senior Vice-President & Chief Investment Officer Asset Allocation, BMO Global Asset Management (Canada). "While investors may feel the need to adjust their investment strategy given volatile markets, a more sound approach is to establish a long-term strategy that is consistent with personal objectives and constraints and is constructed to weather capital markets volatility."
Mr. Taylor added that investors can expect good but not robust opportunities in equities in 2016 based on moderate global economic growth, supportive monetary and fiscal policy, and reasonable equity valuations.
To that point, the report revealed that while only one per cent of Canadian investors are taking more risks with their money, investment amounts are not necessarily affected:
"We see that Canadians are still looking to invest despite market changes, but many are unsure how to manage their portfolio better," said Ryan ffrench, Director, Term Investments, BMO Bank of Montreal. "Considering safer investment vehicles, such as Guaranteed Investment Certificates, can offer a secure and predictable return."
Canadians' Investment Behaviours - Regional Breakdown
However, mutual funds still most popular investment type among Canadians
Over half of Canadians seek professional financial advice
"Regular conversations with an advisor can help an investor maintain a sense of confidence and ensure they have realistic expectations about how their investments will perform, particularly in more volatile conditions," noted Mr. ffrench. "BMO is here to help by bringing clarity to investors and provide them with the knowledge and advice they need to make responsible investment decisions."
The BMO Investment Sentiment Survey was conducted by Pollara between December 18th and 21st, 2015 with an online sample of 1,000 adult Canadians. Data has been weighted using the latest census data to be representative of the Canadian population in terms of age, gender and region. The margin of error for a probability sample size of 1,000 is +/- 3.1%, 19 times out of 20.
About BMO Financial Group
Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of approximately $642 billion as of October 31, 2015, and close to 47,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.
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Datum: 19.01.2016 - 11:00 Uhr
Sprache: Deutsch
News-ID 444870
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