Investor Sentiment Improves

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    Canadian investors aged 25 to 34 drove a two-point increase in the Manulife Financial Investor Sentiment Index’ as younger people are becoming increasingly financially-conscious. The index is up two points since November 2012 to +22, with overall index ratings highest for the youngest group of Canadian investors – those 25 to 34 – at +26. Results for affluent Canadians – household decision-makers with an income of $75,000+ and investable assets of 100,000+ – are similar to younger investors who are significantly more likely to provide high scores. “It’s always good to see investor sentiment improve and it’s encouraging to see optimism in younger investors about investing and saving,” says Paul Lorentz, executive vice-president, retail for Manulife Canada. “Younger investors obviously have the benefit of time on their side which allows them to plan and adjust accordingly, but the reality is that while optimism is important, it’s actions that will make the difference. It will take good savings discipline, the right financial plan, and smart investments to ensure they continue to meet their financial goals.”