Perhaps as a testament to investors taking a more proactive interest in their investments rather than inertia, 39% have changed their portfolio allocations since the market began to decline, Schwab found in a survey. Backing that is the fact that 54% say they have become more knowledgeable about investing in that time.

Thirty-one percent said they now speak with their broker or financial adviser on a regular basis. On the other hand, 36% didn’t know which mutual funds they own.

“When market volatility occurs, it presents a great opportunity for individuals to increase their levels of engagement in how they manage their investments,” said Peter Crawford, senior vice president for investment management service at Schwab.

“As a time when people are probably in need of more guidance, we encourage investors to ask questions and seek out a deeper relationship with their broker or consultant,” Crawford added. “Greater engagement will help ensure individuals maximize the opportunities that are available to them.”

Schwab’s survey was conducted in April among 602 mutual fund investors age 18 and older.

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