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Investing company email received today says to not pull money out of investments

 
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User ID: 78388112
Canada
02/26/2020 10:00 PM
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Investing company email received today says to not pull money out of investments
First time I’ve received an email from the company managing my small RRSP and there have been other market lows.

I think they’re trying to calm people to keep their money there until it’s too late. Funny thing is, I pulled some already at the end of January because I knew the supply disruptions were coming.

They must be pretty worried to send this email though. Anyone else get one?

Quoted below:

Are you concerned how global and national events impact your investments?

What You Need to Know
We live in a global economy that is impacted by market forces – economic, political or otherwise. These may cause stock market fluctuations which impact your investments.

We want to reassure you that your team at TD Asset Management seeks to manage market risks to your TD Mutual Funds on your behalf. In fact, our approach to risk management is at the core of everything we do. Our professional portfolio management teams are focused on managing your portfolio, so that you can continue to focus on what matters most to you.

It is important to not make sudden reactions such as withdrawing your money during short-term market events. Staying invested has historically benefited investors in the long run.

You can stay up to date on market updates at TD Asset Management’s News & Insights page.

Your Investments
In light of current market events, you may notice some fluctuations in the returns of your investment portfolio. These types of short-term dips are accounted for by your portfolio manager and can even be used as buying opportunities to add further value to your investments over time. Your TD Comfort Portfolio has been carefully constructed to help maximize potential returns and manage market fluctuations based on your risk tolerance and time horizon.

Take a look at this helpful tool, which shows the Power of Staying Invested.

If you have any questions, we're here for you.

Call us at (redacted) or book an appointment with a Mutual Funds Representative1 in person.

Thank you,
(Redacted) TD Asset Management
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