Bonds are doing a different job now
For much of the last decade, bonds paid little and mostly cushioned volatility. With yields meaningfully higher, they now also contribute real income to a portfolio.
That changes how much of a portfolio’s expected return can reasonably come from the fixed income side, and how we size it.
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Les performances passées ne garantissent pas les résultats futur. Le support d'investissement en action présente un risque de perte en capital.
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