Paul Bosse: So says Paul Bosse, a strategist with Vanguard Group Inc., the U.S.-based fund giant whose Canadian subsidiary manages a family of 21 exchange-traded funds, according to The Toronto Star, Canada. Bosse is a principal with Vanguard investment-strategy group, which earlier this year produced a forecast of the range of global fixed-income returns over the next 10 years and As tempting as it might be, think twice before dumping high-quality bonds or bond funds because of their lacklustre performance. Though they're not expected to do much for you in terms of returns, bonds still play a crucial role. They'll provide needed ballast in the event of a stormy equity market. Historically, when stocks have been at their worst, investment-grade bonds have not only preserved capital but also produced slightly positive returns. Quality bonds are a great way to control risk in your portfolio, Bosse says.
(news.financializer.com). As
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Tagged under exchange-traded funds, Canadian subsidiary topics.