{"id":951,"date":"2025-04-06T08:25:04","date_gmt":"2025-04-06T12:25:04","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/?p=951"},"modified":"2025-04-06T08:25:04","modified_gmt":"2025-04-06T12:25:04","slug":"april-2025-update","status":"publish","type":"post","link":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/2025\/04\/06\/april-2025-update\/","title":{"rendered":"April 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

Over the past year, the Growth Portfolio has gained 10.8%, the Income Portfolio is up 14.5%, and the American Growth Portfolio is down 5.0%. While markets pulled back in March, this is precisely the kind of volatility that creates opportunity for disciplined investors. Our focus on high-growth companies\u2014historically the key drivers of long-term wealth\u2014faced short-term pressure due to trade and tariff headlines. But when you step back, the bigger picture is clear: the foundation for strong returns remains firmly in place.<\/p>\n

Despite the headlines, the economy is thriving. Government spending continues to expand, consumer spending is outpacing inflation, credit growth remains strong, and employment is rising in both Canada and the U.S. Put simply, the economy is growing with no signs of recession in sight.<\/p>\n

Investor sentiment, however, remains deeply pessimistic\u2014which is exactly why we remain optimistic. Historically, when sentiment reaches extreme lows, future returns have been exceptionally strong. Various indicators point to double-digit market growth over the year ahead, and we believe this volatility presents a significant opportunity to put capital to work. Market pullbacks are not a reason for fear\u2014they are an opportunity. Most years see a 10-15% intra-year decline, even in strong bull markets.<\/p>\n

The best investors act when others hesitate. Our disciplined, rules-based strategy ensures we capitalize on these moments\u2014identifying opportunity, managing risk, and positioning portfolios for superior returns. While many investors remain on the sidelines, we see this environment as a rare chance to invest ahead of the next upward move.<\/p>\n

For investors looking to preserve and grow their wealth, now is the time to position for the future. If you have cash available to invest, please reach out today.<\/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>In March we trimmed some gains from Kinross Gold and used the proceeds to buy more Shopify.<\/p>\n

American Growth Portfolio <\/strong>In March we harvested some gains from Intel and used the proceeds to increase our position in Tesla.<\/p>\n

Income Portfolio <\/strong>In March we took profits on our global equity exposure and focused our holdings to growth opportunities in U.S. financials and Canadian utilities.<\/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. Over the past year, the Growth Portfolio has gained 10.8%, the Income Portfolio is up 14.5%, and the American Growth Portfolio is down 5.0%. While markets pulled back in March, this is precisely the kind of volatility that creates […]<\/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-951","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\/951","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=951"}],"version-history":[{"count":1,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/posts\/951\/revisions"}],"predecessor-version":[{"id":952,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/posts\/951\/revisions\/952"}],"wp:attachment":[{"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/media?parent=951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/categories?post=951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/stonehavenwealthmanagement\/wp-json\/wp\/v2\/tags?post=951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}