Be leery of ‘bondlike’ claims of investment products
With clients desperately searching for yield, advisers need to be leery of the marketing claims associated with some fixed-income products, warns Bruce Kelly.
Financial advisers must remain wary of the claims of some funds and investment products that promise to be “bondlike” but fail to live up to that promise.
Advisers' vigilance is particularly needed as investors grow skittish of bonds: The chief risk to bondholders and bond fund i
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