In today’s market, there’s a broad range of fixed income funds available, including ETFs and a range of actively managed funds. The latter includes more conservative funds focused on government and semi-government bonds right through to the higher risk/higher return high yield funds. In between, there are a range of diversified products that invest in a broader set of fixed income investments, some of which are constrained by a benchmark and others that are not. This article examines the options, along with the variety of fixed income securities that might be held in each.
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