By Scott Ronalds
It was a good start to the year for Steadyhand. We welcomed close to 200 new clients to the firm in the first quarter, our assets under management grew by 15%, and our transfer pipeline is healthy. Stocks also had a strong showing, with the Canadian market rising 4% and the U.S. and World markets gaining roughly 10%. The bond market declined as interest rates edged upwards, although losses were modest.
As we mark our fifth anniversary this month we have our first set of 5-year performance numbers, which are the focus of this discussion. It's been a turbulent period in the capital markets, but our clients with balanced portfolios have fared well.
In this podcast, we review the performance of each of our long-term funds in detail, and provide an update on how they're currently positioned.
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