This ETF tracks the performance of an index of local currency bonds issued by developed countries. The fund distributes income from the assets it holds.
Anyone in this as a bond holding? I know bonds are out of favour right now…
Not something to jump into for yields in this day and age, but investing into the G7 debt seems to be a global investment over just sticking to say, UK Gilts.
Seems like a relatively new fund as well, so would appreciate thoughts.
Pennies in front of a steamroller springs to mind…
I’m new to investing and looking for appropriate bonds to hold for the long term as part of a diversified portfolio. I have UK gilts and happened upon these. What does your comment mean sorry?
The phrase picking up pennies in front of a steamroller is like saying you’re risking getting squashed in return for a few free pennies… In the same way in my opinion the yield / potential return on bonds is very low right now vs the probability and magnitude of potential loss…