GPW Investment Insights
Woodstock Office: 112 Springbank Ave N. Tel: 519-539-8212 | 1-888-539-8212
Burlington Office: 200-5045 South Service Rd. Tel: 905-319-8977 | 1-844-319-8977

Month in Review - September 2021

Blog header

September Commentary

The month of September is historically a volatile one for global stock markets, and this September was no different, as the TSX Composite fell 2.8% and the S&P500 (in CAD) fell 4.3%. The Canadian Bond Universe fell 1.7%, further increasing losses on traditional balanced portfolios, highlighting the current risk of bonds. Traditionally, bonds have hedged losses when stocks fall, providing a diversified portfolio. However, with rates so low, bonds are now more correlated to stocks, which is why Harbourfront has introduced private debt and private real estate as an alternative to bonds. These two asset classes continue to remain uncorrelated to stocks, resulting in a more diversified portfolio than those with bonds.

Read more: Month in Review - September 2021

Copyright by Green Private Wealth of Harbourfront Wealth Management Inc. All Rights Reserved. No portion of this site may be replicated without permission.