DAVY Private Clients UK

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Brexit: What Next?

Dear Client

As promised in our recent Brexit Statement, we now have pleasure in attaching a link to the Davy website for an article and summary video in which Alan Werlau, Senior Investment Strategist at Davy, provides his thoughts and views of the possible scenarios over the coming months.

Initially following Brexit we reported a decline in the FTSE 100 Index by some -4.82%.  Thankfully our risk graded managed portfolios did not suffer such volatility and have held up very well over the last days/week.  Indeed recently we have seen a bounce back in the FTSE 100 to a value higher than pre Brexit.

To give some idea, our most popular portfolio ‘Cautious to Balanced’ over the last fortnight has recorded a positive return of almost 0.50%.

No doubt however there will continue to be volatility in markets in the coming weeks/months and again we would encourage investors not to panic but to sit tight, since history confirms that the long term returns in well diversified portfolios will usually outpace deposit returns and inflation over the long term.

As ever if you have any queries or concerns or require personal advice, please do not hesitate to get in touch with us, when we would be very pleased to assist.

The Directors PFC

Watch the video and read more  

Warning: Past performance is not a reliable guide to future performance.  The value of your investment may go down as well as up.  Returns on investments may increase or decrease as a result of currency fluctuations.