Current Market Update
St James’s Place’s portfolios are structured in such a way that your investments are spread across a range of different types of assets, e.g. equities, fixed interest, gilts, bonds and so on. This gives your investments greater stability so that as one asset experiences a decrease in value, the others hold their own.
Due to current global circumstances all investments have seen a fall in values. However, due to SJP’s portfolio structure we have experienced less of a drop compared to other higher risk portfolios with other providers.
Markets regularly fluctuate however, the Corona Virus publicity has drawn particular attention this right now. As long as you are not planning on encashing or withdrawing large amounts from your portfolio in the coming weeks there is no need to be concerned (smaller withdrawals are not so much of a worry), however it is definitely a good time to invest, e.g. using your ISA allowance, if you are able.
If you have any specific concerns, please feel free to contact us on 01284 703422.