It is with deep sadness that we are all witnessing these shocking events in Ukraine. Our thoughts are with the people of Ukraine and our collective hearts go out to all the people affected.
In light of the gravity of the events in Ukraine, M&G will not be making any further investments in Russia for the foreseeable future.
We will continue to actively monitor this terrible situation in Ukraine closely and will keep our position under active review.
We know you may also be questioning what impact the recent volatility in financial markets may have on your investments, and whether you should take any action.
We don’t know how long the conflict will last or the full extent and impact of sanctions. But what we do know is that markets have historically shown a long-term resilience when it comes to weathering global events.
While it may be uncomfortable at times, sticking to your long-term financial plan would normally leave you better off in the long run than switching tack. The recent bout of volatility is a reminder too that diversifying your investments across different types of assets can help insulate your portfolio. At M&G our fund managers have the experience in navigating large scale events and market volatility.
Please bear in mind that M&G Investments is unable to provide financial advice. The views expressed here should not be taken as a recommendation, advice or forecast.
The value of any fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.
When the world faces new and unanticipated global events, it’s always worth staying vigilant to help protect your investments from fraudulent online activity. Read more