{"id":410465,"date":"2021-01-07T09:03:44","date_gmt":"2021-01-07T14:03:44","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410465"},"modified":"2021-01-07T09:03:44","modified_gmt":"2021-01-07T14:03:44","slug":"canadians-optimism-about-their-investments-climbing-since-the-beginning-of-covid-19-particularly-if-they-met-with-their-advisor","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/canadians-optimism-about-their-investments-climbing-since-the-beginning-of-covid-19-particularly-if-they-met-with-their-advisor\/","title":{"rendered":"Canadians’ optimism about their investments climbing since the beginning of COVID-19 – particularly if they met with their advisor"},"content":{"rendered":"
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Canada NewsWire<\/p>\n<\/p><\/div>\n

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\n TORONTO<\/span>, Jan. 7, 2021<\/span> \/CNW\/ –\u00a0Results of the Scotia Global Asset Management Investor Sentiment survey, released today, indicate that investors’ optimism has increased significantly since early in the pandemic, particularly among Canadians who have met with an advisor. <\/p>\n

The Scotia Global Asset Management Investor Sentiment Index, which measures investors’ optimism based on the survey, spiked to 117 in November from 100 in May, and is even higher at 130 among those who have met with an advisor during that period relative to the total in May. \u00a0<\/p>\n

“COVID-19 has been challenging for Canadians on so many levels, and it is easy to be swayed by negative news events. These results are testament to the critical role financial advisors play in buoying their clients’ confidence \u2013 even during a pandemic \u2013 and providing the reassurance and peace of mind they need to stay invested to meet their long-term financial goals,” says Neal Kerr<\/span>, Head, Scotia Global Asset Management (Canada<\/span>). <\/p>\n

As many as 82% of Canadian investors who met with their advisor in the past six months say their advisor has made them feel confident about their investments, according to the survey. In comparison, only 56% of those who did not meet with their advisor during that period felt confident. <\/p>\n

80%\u00a0of those surveyed who met with their advisor during that period agreed their advisor keeps them on track to meet their financial goals, regardless of what is going on in the markets.<\/p>\n

The survey also finds that among those who met with their advisor in the past six months:<\/p>\n