Some two-thirds of Canadian investors were concerned about the performance of their portfolios before the market began to tumble, according to a BMO InvestorLine study published Tuesday.
BMO said the results show that Canadians already pay close attention to their investment portfolios.
"It's reassuring that Canadian investors are monitoring their portfolios regularly throughout the year," said Connie Stefankiewicz, president and CEO, BMO InvestorLine.
"No matter the circumstances, it's beneficial for investors to stay on top of their investments and make sure they are sticking to their financial plan."
The “top triggers” that cause investors to re-assess their portfolios include personal situations, sudden changes in the stock market and political or economic unrest in other parts of the world.
Stefankiewicz said if investors stay informed about the state of the market, keep calm and maintain or build a balanced portfolio they’ll have a better chance of staying afloat during market turbulence.
Canada’s benchmark Toronto Stock Exchange was up 118 points to 12,196.36 at midday trades Tuesday.
Joel McKay
Twitter:jmckaybiv