Newsletter Q1 2020

We are hopeful, like everyone, that the spread of the coronavirus will run its course as quickly as possible and that the number of human lives lost will be limited. In the meantime, we want to assure you that we remain laser-focused on client communication, planning and portfolio management to assure both current income and competitive returns through market cycles. We have taken the current market dislocation as an opportunity to upgrade our holdings into higher-quality companies with a more durable business model.

We expect spikes in volatility through the second quarter as investors assess the near-term spread of the coronavirus and other geopolitical events. While developments in any economic and human pandemic are nearly impossible to forecast, Shorepoint’s process remains thoughtful, disciplined and flexible. This is a time when experience matters. Know that the Shorepoint team is working diligently to manage risk and returns as well as position the portfolio for the long-term.