Thanks for the acknowledgements Snoopy - so in effect you were following the lines of significant diversification as financial planners would suggest.
You're right in that the risk perception of bonds has changed. A lot more sovereign bonds are seen as fallible these days.
The thing is with bonds the risk is very variable depending on the issuer , the type and the duration - clearly in a fund you are relying on the manager to be appropriate to the stated goals and risk profile of the prospectus.
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