The month of May marked the start of the gradual reopening of the domestic and global economy, slower growth of new COVID-19 infections, and continued government stimulus, all of which boosted investor confidence throughout the month. However, moving forward, there is still a lot of global economic and political uncertainty and this highlights the need for diversification and exposure to different asset classes, countries, and sectors.
*Equity Indices - FTSE Global Indices in CAD, Bonds - Barclays Global Aggregate Canadian Float Adjusted Bond Index based on end-of-day data for the Total Return Index as at market close 29 May 2020.