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.
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 $3.75-million versus $2.32-million for a typical balanced portfolio (Morningstar Canadian Neutral Balanced).
Over that same period, Nicola Wealth’s Composite Return has been 6.75% vs. 4.24% for the typical balanced portfolio.
The typical balanced portfolio is represented by the Morningstar Canadian Neutral Balanced Fund. The composite returns represent the total returns of fee-paying portfolios with a Nicola Wealth Core investment mandate. Performance calculations are net of fees and are presented before tax but after the deduction of custody fees. Composite returns represent past performance and are not to be used as an indication of future results; returns are calculated as found here. Additional information regarding policies for valuing accounts and calculating performance are available upon request.
Office Hours & Meeting with your Advisory Team
As the COVID-19 situation evolves, Nicola Wealth has taken precautionary measures to protect the health and safety of our clients and staff. Following the practices recommended by health authorities, Nicola Wealth has now moved to a full remote working environment with all branch offices temporarily closing until further notice. Our reception desk remains open to receive phone calls and emails, with adjusted hours of 8:00am – 3:00pm PST.
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.
As we transition into this new working environment, we have made some temporary adjustments to ensure the safety of your information. These include:
Deposits and Withdrawals: At this time, we will not be accepting cheque deposits. Should you wish to make a deposit or withdrawal, please contact your Advisory Team directly to assist you with a secure Electronic Fund Transfer (EFT).
Documentation: At this time, we are unable to accept paper documentation by mail. If you have a document you need to send to us, please contact your Advisory Team to discuss the best way in which to do so.
We are committed to keep you updated on important information as the situation evolves.
Our Insights Regarding Covid-19
Charity x COVID-19: The Sharing Farm
June 3, 2020
Weekly Market Brief by CIO, Rob Edel: Week Ending May 31
June 1, 2020
WEBINAR: Wealth Planning in the Context of COVID-19
June 1, 2020
3 must-have traits for courageous leadership in a post-pandemic w...
May 28, 2020