Q3 2025 Market and Performance Update

In WealthCo’s third quarter market and performance review, Claude Spencer, Manager, Investment Advisory & Planning Services, and Dave Makarchuk, Chief Investment Officer, discuss recent market trends, portfolio performance, and the evolving outlook for year-end 2025. Equity markets delivered strong returns through the summer and into September, supported by rate cuts from both the Bank of Canada and the U.S. Federal Reserve. WealthCo’s balanced portfolios rose 3.1% for the quarter, with equities up 5.6% and alternatives showing steady gains.

Claude and Dave highlight WealthCo’s continued focus on downside protection, diversification, and long-term discipline. While speculative equities have surged, WealthCo’s more conservative approach prioritizes stability and peace of mind for investors. They also preview upcoming adjustments to the equity fund designed to fine-tune exposures without compromising quality or risk management.

Looking forward, Dave shares cautious optimism for Q4, noting opportunities in alternatives and steady support from fixed income, while reminding clients that WealthCo’s 50/50 mix of public and private assets remains a cornerstone for navigating volatility and achieving long-term goals.