{"id":937,"date":"2025-03-06T06:19:32","date_gmt":"2025-03-06T11:19:32","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/?p=937"},"modified":"2025-03-06T06:19:32","modified_gmt":"2025-03-06T11:19:32","slug":"march-2025-update","status":"publish","type":"post","link":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/2025\/03\/06\/march-2025-update\/","title":{"rendered":"March 2025 Update"},"content":{"rendered":"

If you’d like to add friends or family to this email list, please sign up here<\/a>.<\/em><\/p>\n

The recent market pullback has created a window of opportunity for strategic investors. While the Growth and Income Portfolios retraced most of January\u2019s gains, U.S. stock indices remain near record levels, reinforcing the long-term strength of equities.<\/p>\n

Sentiment has turned sharply negative\u2014historically a strong contrarian signal. In late February, the American Association of Individual Investors survey recorded a 60% bearish reading, a level typically seen at major market bottoms. Historically, one-year forward returns of the S&P 500 index after such extremes have averaged gains of 24%.<\/p>\n

Despite negative headlines, the broader economic landscape remains strong. U.S. government spending is robust, outpacing last year\u2019s levels, credit growth is accelerating, now approaching 4% year-over-year, and U.S. employment remains resilient, supporting continued consumer and business activity. While tariffs introduce some uncertainty, historical patterns show markets adapt, and long-term expansion continues.<\/p>\n

Periods of uncertainty often create the best opportunities for disciplined investors. Our focus remains clear: managing risk, identifying opportunities, and positioning portfolios for sustainable long-term growth. A strategic approach allows us to navigate volatility while safeguarding capital for the future.<\/p>\n

If you’re considering putting additional capital to work, now is a great time for a conversation. Whether it\u2019s refining your asset allocation, optimizing for income, or preparing for long-term growth, we\u2019re here to guide you. And if you simply want someone to talk to, we\u2019re here for that too. Reach out to discuss how your portfolio is aligned with your financial goals and how we\u2019re taking advantage of the opportunities ahead trajectory.<\/p>\n

You can book a time here: Book time with Ben W. Kizemchuk: Portfolio and Plan Review <\/a><\/p>\n


\nModel Portfolio Highlights
\n<\/strong>Growth Portfolio <\/strong>We took some profits on Kinross Gold and increased our position in Shopify to strengthen exposure to high-growth opportunities.<\/p>\n

American Growth Portfolio <\/strong>No changes in February.<\/p>\n

Income Portfolio <\/strong>With the goal of reducing volatility, we increased diversification into defensive sectors like healthcare, consumer staples, and utilities. We also reduced international and Canadian equity exposure in favour of U.S. assets for improved risk-adjusted returns.<\/p>\n

Our approach targets opportunities with a significant margin of safety with minimal risk of permanent loss. Patience remains essential in realizing long-term gains.<\/p>\n

For questions about your portfolio or to schedule a meeting, please contact us. Thank you.<\/p>\n

Yours,<\/p>\n

Ben<\/p>\n

Ben W. Kizemchuk
\nPortfolio Manager & Investment Advisor
\nWellington-Altus Private Wealth\"\"<\/p>\n

Office: 416.369.3024
\nEmail: bwk@wellington-altus.ca<\/a>
\nBook time with Ben W. Kizemchuk: Portfolio and Plan Review <\/a><\/p>\n

Ben Kizemchuk offers full-service wealth management for high-net-worth Canadians including families, business owners, and successful professionals. Ben and his team provide investment advice, financial planning, tax minimization strategies, and retirement planning.<\/p>\n

 <\/p>\n

Performance reporting disclaimer:<\/u> Performance results reflect the returns of each representative model portfolio. Returns are calculated using each model portfolio\u2019s monthly performance, including changes in securities values, and accrued income (i.e., dividend and interest), against its market value at the closing of the last business day of the previous month. Performance results are expressed in the stated strategy\u2019s base currency and are calculated on a net of fees basis. Individual account performance may materially differ from the representative performance history set out in this document, due to factors such as an account’s size, the length of time the strategy has been held, the timing and amount of deposits and withdrawals, the timing and amount of dividends and other income, and fees and other costs. Investors should seek professional financial advice regarding the appropriateness of investing in any investment strategy or security and no financial decisions should be made solely on the basis of the information provided in this document. This is not an official statement from WAPW. Please refer to your official WAPW statement for your specific performance numbers.<\/p>\n","protected":false},"excerpt":{"rendered":"

If you’d like to add friends or family to this email list, please sign up here. The recent market pullback has created a window of opportunity for strategic investors. While the Growth and Income Portfolios retraced most of January\u2019s gains, U.S. stock indices remain near record levels, reinforcing the long-term strength of equities. Sentiment has […]<\/p>\n","protected":false},"author":90,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-937","post","type-post","status-publish","format-standard","hentry","category-market-commentary"],"_links":{"self":[{"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/posts\/937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/comments?post=937"}],"version-history":[{"count":1,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/posts\/937\/revisions"}],"predecessor-version":[{"id":938,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/posts\/937\/revisions\/938"}],"wp:attachment":[{"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/media?parent=937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/categories?post=937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/tags?post=937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}