“We think there will be more volatility between now and year-end and will take advantage of it to keep improving the Fund’s risk-return profile.” — Jean-Pierre Chevalier
Key takeaways from his comment:
- We are already seeing signs of a slowing economy and the market is also pricing in next year’s negative impact from this year’s interest rate hikes.
- Investing in the innovation economy is better as we come off strong economic growth.
- We should favour growth investing when economic growth becomes scarce.
- We continue to see a disconnect between mega caps, below $100 billion and SMID-cap innovators.
Jean-Pierre Chevalier, CFA
Senior Director, Portfolio Manager, U.S. Equities and Thematic Investing, iAIM
