We are in unprecedented times. The events of the past weeks in relation to COVID-19 (coronavirus) are the kind that happen once in a century; hopefully none of us will have to experience this again.

Share markets have been extremely volatile and it’s very unsettling for investors. We understand that many of our clients have concerns about their Allan Gray investments and superannuation plans and what the future holds.

We want to reassure you that your investments in Allan Gray Funds continue to be managed exactly as they were before. Now is not the time to panic. If we look to the long term, we are seeing extraordinary value for our Funds and some once-in-a-lifetime buying opportunities in many companies today. But for those finding it difficult to stomach the volatility, you can watch our Managing Director and Chief Investment Officer, Simon Mawhinney, in this video. He explains the importance of looking at the bigger picture and avoiding making one “financially ruinous” mistake right now. Watch now.

 

Getting in touch

Although we are in unusual times, it’s business as usual for Allan Gray Australia. We have employed Government recommendations, including staff working from home, a minimal number of face-to-face meetings and social distancing controls. Our full Client Services team and Relationship Managers remain on hand to answer your queries and provide support.

If you have a question about your accounts, or would like to speak to us regarding your Allan Gray investments, please contact your usual Relationship Manager or our Client Services team. You can find their contact details here.

Due to Australia-wide service disruptions, you may experience difficulties contacting our team via phone. We suggest you email us on clientservices@allangray.com.au and we will respond at our earliest opportunity. Thank you for your understanding.

If you are considering switching your investments, redeeming, or making any other investment decision, as always we suggest you speak to a financial adviser beforehand.

 

Looking ahead

Over the coming weeks we will continue to provide updates on our Funds and positioning. In the meantime, please do hesitate to get in contact with our team should you need to.

 

Take care and stay safe.

Allan Gray Australia