Staying Focused in Volatile Times - Managing Investment Risk Sonia - - PowerPoint PPT Presentation
Staying Focused in Volatile Times - Managing Investment Risk Sonia Kowal, President Kevin Callahan, CFA, Senior Portfolio Manager www.zevin.com (617) 742 - 6666 Managing Sustainable and Responsible Portfolios Since 1997 1 www.zevin.com |
Managing Sustainable and Responsible Portfolios Since 1997 1
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1: the possibility of suffering harm or loss; danger. also: a strategy board game by Hasbro in which controlling the continent of Australia for the entire game rarely leads to global domination.
different things to different people (even people within the same board or investment committee).
may tell you.
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putting your interests first?
appropriate?
performance?
Statement (IPS) in financial market turmoil?
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Stock Market is influenced by many different factors.
Invest for the long term but plan for the short term
Stock market pull-backs range from about 10% - 50%.
market falling about 50% each time.
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S&P 500 Index – Performance over different periods (June 30, 2004- March 27, 2020)
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'06 '08 '10 '12 '14 '16 '18 '20 1,000 1,000 1,500 1,500 2,000 2,000 2,500 2,500 3,000 3,000
361.092539.96
5.2% Annualized Return 11.8% Annualized Return
Review your long-term plan
Possible changes to Asset Allocation
Be objective (as much as you can) … Emotions can cloud decisions
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Every savings and investment product has different risks and expected returns.
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Allocating your money among these ”buckets” will determine your investment portfolio’s risk profile.
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Dollar Cost Averaging
price … it’s like the stock market is “on sale.” Consider Environmental, Social and Governance (ESG) factors
with your values. Such companies may hold up better and recover faster.
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linked to better financial performance
Social Environmental Governance
capital management
improvements to paid sick leave & family leave
greenhouse gas targets
sustainable protein & no-deforestation policies
compensation and the gap between CEO and median worker pay
continually assess them.
your investment manager. It should cover:
that could derail your investment goals.
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Have a Financial / Investment Plan
Pursue a balanced approach
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Zevin Asset Management is a Certified B Corporation and a 100% employee-owned firm and majority women-owned firm
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1. Registration with the SEC should not be construed as an endorsement or an indicator of investment skill, acumen or experience. 2. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Diversification does not eliminate the risk of market loss an A long-term investment approach cannot guarantee a profit. 3. This communication may include opinions and forward-looking statements. All statements other than statements of historical fact are opinions and/or forward-looking statements (including words such as “believe,” “estimate,” “anticipate,” “may,” “will,” “should,” and “expect”). Although we believe that the beliefs and expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such beliefs and expectations will prove to be correct. Various factors could cause actual results or performance to differ materially from those discussed in such forward-looking statements. All expressions of opinion are subject to change. You are cautioned not to place undue reliance on these forward-looking statements. Any dated information is published as of its date only. Dated and forward-looking statements speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any dated or forward-looking statements. 4. Investment process, strategies, philosophies, allocations and other parameters are current as of the date indicated and are subject to change without prior notice. 5. This presentation is distributed for informational purposes, and it is not to be construed as an offer, solicitation, recommendation, or endorsement of any particular security, products, or services. Nothing in this communication is intended to be or should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. 6. Any references to outside content are listed for informational purposes only and have not been verified for accuracy by the Adviser. 7. The S&P 500 Index (S&P) has been used as a comparative benchmark because the goal of the above account is to provide equity-like returns. The S&P is one
not subject to advisory fees or trading costs. Investors cannot invest directly in the S&P 500 Index. The S&P returns reflect the reinvestment of dividends. Clients should be aware that the referenced benchmark funds may have a different security composition, volatility, risk, investment objective and philosophy, diversification, and/or other investment-related factors that may affect the benchmark funds’ ultimate performance results. Additionally, referenced indices may not include fees, transaction costs or reinvestment of income. Therefore, the Adviser’s composite and investor’s individual results may vary significantly from the benchmark’s performance. 8. Industry registrations, designations, recognitions or awards should not be construed as an endorsement or a recommendation to retain the Adviser by the grating entity or any regulatory authority. Certified B Corp Criteria: https://bcorporation.net/certification/meet-the-requirements.
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Sonia Kowal, President
As the firm’s president, Sonia brings over two decades of investment experience to managing corporate matters, business practices, and strategic planning. She also oversees marketing, advisor, and client relationships. She is a member of the firm’s Board of Managers and the Investment Committee. She is passionate about the value of integrating environmental, social, and governance (ESG) issues into investments and is a frequent speaker on the topic at conferences. She feels particularly strongly about racial equity, wealth inequality, and our disastrous criminal justice system. She started her career in Scotland as a traditional equity analyst and portfolio manager, specializing in emerging markets, for a very large institutional asset manager. Increasingly disillusioned by the greed in the industry, she decided to align her professional life to her personal interests and values after taking 18 months to travel, volunteer, and work in Asia and the Antipodes. Arriving back in her hometown of Boston after 17 years away, she headed the U.S. office of what is now Vigeo Eiris, a firm dedicated to proving ESG research to investors. She then spent five years as Zevin Asset Management’s director of socially responsible investing where she built out the firm’s shareholder advocacy program, prior to becoming the firm’s president in 2014.
Kevin Callahan, CFA, Senior Portfolio Manager, Equity Analyst
Kevin is actively involved in managing investment portfolios and client relationships for individuals, families, and institutional clients. He enjoys working with clients in setting investment goals, managing risk, and providing financial and tax planning to help clients reach their financial goals. He is actively involved in the firm’s Investment Committee, including the macroeconomic outlook, asset allocation, and security research and selection. He possesses a wealth of investment and financial planning experience along with a strong academic background. He honed his work experience over 25 years as both a portfolio manager and an analyst, working for firms such as Loomis Sayles & Company, Standish Ayer & Wood Inc., and Century Capital Management, LLC. Kevin received his BA in Economics and Spanish from Tufts University and an MBA from the Kellogg School at Northwestern
(BSAS).
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