Q1 2024 Commentary
How will interest rates affect your portfolio?
Watch our Quarterly Commentary to learn more.
Matthew Evans and Lorenzo Pederzani discuss how equity markets responded positively to the unexpected prospect of fewer rate cuts, with significant returns in Canadian and U.S. markets. Inflation is slowly returning to target levels, though housing inflation remains a concern, especially in Canada, where household debt is notably higher than in the U.S. This financial landscape has led to a revised expectation of fewer and delayed rate cuts.
This media presentation contains the current opinions of the presenters, and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide personalized legal, accounting, tax or specific investment advice. Please speak to a Westmount Wealth Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein may be based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. This is not a sales solicitation which may only be made with the presentation of an offering document. All investments contain risk and may gain or lose value.
Nothing in this presentation should be considered a solicitation, or a recommendation, to buy or sell a particular security. The Westmount Wealth Management Funds, models, and/or portfolios may sell these securities at any time, or purchase securities that have previously been sold. The statement by the portfolio managers are intended to illustrate their approach to managing the funds, models, and/or portfolios.
Certain statements in this presentation are forward looking. Forward-looking statements are statements that are predictive in nature and depend on or refer to future events or conditions. Statements that look forward in time are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the Forward-looking statements. The audience member is cautioned to consider the Forward-looking statements carefully and not to place undue reliance on them. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise the Forward-looking statements, whether as a result of new information, future events or otherwise.
The performance data calculated by Westmount Wealth Management’s independent IFM firm and posted for the Westmount Wealth Management Funds since 01-2023 is calculated in alignment with CFA standards but does not employ the GIPs compliance certification process.
Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the disclosure documents (or prospectus) before investing. If the funds are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. The indicated rates of return are the historical annual compounded total returns including changes in share/unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Westmount Wealth Management Inc. is registered as a Portfolio Manager in British Columbia, Alberta, and Ontario, Canada. Westmount Wealth Planning Inc. is a subsidiary of Westmount Wealth Management Inc.
