Nicola Wealth's Response to COVID-19

Consistency & Stability

Steadying portfolios through market turmoil is what defines our approach. Nicola Wealth’s investment and planning philosophy has shown historical consistency and stability through downturns in both 2001 and 2008. And as we navigate these trying times, our aim is to offer you peace of mind regarding your family’s financial security, so you can focus on your family’s safety and well being.

Read our latest thoughts on the impact of COVID-19 on your finances
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Historically Consistent & Stable Returns

Nicola Wealth vs The Marketplace

A Track Record of Stability

Through two major market downturns, Nicola Wealth has kept clients safely on track to reach their financial objectives through our conservative, yet innovative approach to investment management.

The 2001 Dot Com Bust

When the Tech Bubble burst, Nicola Wealth’s diversified cash flow approach eased volatility, mitigating losses versus the public markets and helping investors recover sooner, allowing clients to accelerate their wealth building.

The 2008 Sub-Prime Crash

While 2008’s financial crisis sent public markets tumbling, Nicola Wealth’s extensive diversification buoyed our clients’ portfolios, protected the downside, and participated in the recovery from a stronger position.

$1-million invested with Nicola Wealth since January 1, 2000 would have grown to 3.95-million versus $2.41-million for a typical balanced portfolio (Morningstar Canadian Neutral Balanced).

Over that same period, Nicola Wealth’s Composite Return has been 6.82% vs. 4.32% for the typical balanced portfolio.

Performance figures for each account are calculated using time weighted rate of returns on a daily basis. The Composite returns are calculated based on the asset-weighted monthly composite constituents based on beginning of month asset mix and include the reinvestment of all earnings as of the payment date. Composite returns are as follows:

  •  1 yr – 2.96%
  • 3 yr – 7.61%
  • 5 yr – 6.12%
  • 10 yr – 5.90%
  • Since Inception – 7.02%

Office Hours & Meeting with your Advisory Team

As the phased re-opening following  COVID-19 continues to progress, Nicola Wealth has taken precautionary measures to re-open our offices in a limited capacity. As always, the health and safety of our staff and our clients is our primary concern.

During this time, we have implemented extensive safety precautions that meet all of the guidelines prescribed by the provincial health authorities. We ask that you please be patient and understand that we will do our best to accommodate your scheduling needs.

At this time our reception desks are open to receive phone calls and emails during the following times:

  • Vancouver: 8:00am to 4:00pm
  • Kelowna:  8:00am to 3:00pm
  • Toronto:  8:00am to 4:00pm
  • Richmond:  8:00am to 4:00pm

Your Advisory Team is committed to ensuring your financial needs are being met, and they remain available by phone, email or the Zoom online meeting platform during regular business hours if you wish to meet with them remotely.  Should you prefer to meet with your advisor in person, please contact your Advisory Team to schedule a convenient time to meet.  If you will be visiting our office, please review our Health Questionnaire and Workplace Safety Plan in advance of your arrival.

We are committed to keeping you updated on important information as the situation evolves.

 

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Our Insights Regarding Covid-19

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