There are clear reasons why strategic bonds funds have not participated in the 'duration party' of recent years. But, asks The Adviser Centre's head of investment research Gill Hutchison, shouldn't investors expect them to be, well, more strategic?
Judged by relative performance alone, investors could be forgiven for feeling a little disappointed with their strategic bond funds. Over one, three and five years, the sector average performance is behind...
Four potential outcomes
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