Dear Valued Clients:
It has been a very rocky summer in global financial markets, culminating in unprecedented extreme volatility in the last half of August. Therefore it is highly likely that your August statements will reflect some lower values, albeit not generally as much of a reduction as we have seen in the overall markets.
I strongly encourage each client to read my perspectives and views in the September newsletter and to understand the current disturbances in context with your long-term performance and objectives.
Again, it is important to keep in mind that the current turbulence is the first major setback in four years and also that investment management involves a long journey towards success.
I and all of our Team wish to thank you for your patience and adherence to our disciplined approach.
We have also published the following excellent resources for your further review. Please find below …