Same for junk bonds among
broad mandate bond managers.
Not exact matches
Whether the fund's
mandate is
broad or narrow,
bond funds invest in many different securities — often buying and selling according to market conditions and rarely holding
bonds until maturity — so it's an easier way to achieve diversification even with a small investment.
IMTB has a very
broad mandate, covering investment grade and high yield corporate, government, and emerging market
bonds with maturities between five and ten years.
(1) Canso's Investment Grade and
Broad Corporate
bond mandates are in the top quartile of the Pavilion ™ Performance Appraisal Report of Canadian fixed income managers since inception in 1997.