CEO Tim Buckley discusses the effects of the coronavirus on the markets and how investors can withstand tough times.

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A Message from Vanguard’s CEO on the Coronavirus

As the coronavirus pandemic continues to impact the global financial markets and our daily lives, I felt it was important to reach out and provide a message of reassurance to our valued clients and partners.

Firstly, on behalf of Vanguard and our dedicated team, I want to extend our sympathies to all those affected by this unprecedented crisis. Our thoughts are with those who have lost loved ones, are battling the virus, or facing financial hardships as a result.

We are living in uncertain times, and it is natural to feel concerned about the state of the economy and the impact on your investments. Vanguard, as one of the world’s largest investment management companies, is closely monitoring the situation and we remain committed to helping you navigate through these challenging times.

I want to underscore that we have taken significant steps to ensure the stability of our operations. Our robust and tested business continuity plans have allowed us to seamlessly continue our services, while maintaining the health and safety of our employees.

While these times are undoubtedly challenging, it is important to remember that long-term investing is about resilience and staying focused on your goals. Market volatility is a reality, but we have been through downturns before, and history has shown us that markets recover given time.

Vanguard’s investment philosophy has always remained steadfast – we believe in staying the course, maintaining diversified portfolios, and cost-effective investing. Our experts and advisors are closely monitoring the markets, adjusting our strategies where necessary, and ensuring that your investments are well-positioned for the eventual rebound.

In addition to our commitment to our clients, Vanguard also recognizes its broader societal responsibilities. We are actively supporting efforts to combat the coronavirus by providing financial aid to various organizations that are at the forefront of combating this crisis. It is in times like these that we see the importance of coming together as a global community and stepping up to help one another.

I want to conclude by expressing my gratitude for your continued trust and partnership with Vanguard. We are in this together, and we will continue to stand by your side through these challenging times. Please remember that we are here for you, and our experienced team of professionals is just a phone call or an email away.

Stay safe, take care of yourself and your loved ones, and let’s navigate through this crisis together, emerging stronger on the other side.