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An Update for Our Clients and Partners Regarding COVID-19
March 22, 2020
As we have all seen in recent weeks, the spread of the Coronavirus (COVID-19) has created a very fluid and challenging situation for our global community. The team at ProManage is doing all we can to protect the health of our colleagues, clients and families, while remaining ready to serve you, our clients and their participants.
As we navigate this new terrain, we are relying on the foundational principles that ProManage is built upon:
- We do not try to “time” the market. We believe that a consistent, strategic approach to investing is better than attempts to “play the game.” In this volatile time, we continue to apply our investment strategy to diversify participant savings among the plan’s funds. Using select data for each participant, the strategy responds as those circumstances change. (More information about that strategy is available in each client’s participant brochure/FAQ and ProManage’s ADV2A Brochure.)
- We keep a close eye on market shifts. While this situation is unprecedented, our experienced team understands how market changes can impact investments. We’re monitoring the market and the investments offered within your plan in order to make our normal scheduled updates and to determine if, when and how to take action outside our normal allocation cycle.
- We are here for you, our clients and plan participants. Though their office may look a bit different, our team is available to answer questions as you work through the current situation and plan for the future. As always, you can call us at 312-456-0665.
We understand that today’s challenges put strain on more than just your investments. Our daily routines have been upended and we all struggle to find our footing in the face of uncertainty. Our company is committed to being your partner throughout this journey and on to brighter days. To that end, you can reach our team during our normal business hours or email us at [email protected] at any time. If you have any questions, please do not hesitate to ask.
Wishing you good health and better days ahead.