‘Fixed income’ has become a catch-all term. It shouldn’t be
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Article Excerpt
‘Fixed income’ has become a catch-all term. It shouldn’t be
KEVIN FOLEY
SPECIAL TO THE GLOBE AND MAIL
PUBLISHED 46 MINUTES AGO
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If a fund has fixed income in its title, or a synonym such as debt or yield, does that alone make it suitable for you?
Nope.
You’ll pass on a salad because it has walnuts or cilantro. Or perhaps because of the dressing. You may even demand to know what’s in it. Yet, many investors will buy something labelled “fixed income” without asking a single question.
Even if…
Read full article at The Globe and Mail ↗
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