NYSEARCA:ICVT - NYSE Arca - US46435G1022 - ETF - Currency: USD
Advisors and analysts are warning that bond investors could face years of low rates. Given that, they should resist bargain-hunting and going out on the risk curve. View bonds as ballast.
The securities–hybrids of bonds and stocks–offer income and potential appreciation, with more safety than equities. Says a fund manager: “It’s heads I win, tails I tie.”
The worst day for chipmakers in seven weeks hit a far-flung corner of the bond market where the industry is a favorite.
For the first time this year, the Ned Davis Research ETF Model Portfolio, a guide to allocating money among different funds, is indicating investors should keep some dollars earmarked for the bond market in cash.