Don’t Let Them Fool You—Here’s Why Bond Funds Are Not Bonds

Don’t Let Them Fool You—Here’s Why Bond Funds Are Not Bonds

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You may have noticed a series of articles appearing throughout the year lamenting the demise of the classic 60/40 asset allocation strategy. This investment philosophy calls for portfolios to be composed of 60% stocks and 40% bonds. In theory, this asset class diversification should shield…

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