Stockchase Opinions

Daniel Straus Franklin Liberty Global Agg Bond ETF FLGA-T TOP PICK Aug 20, 2019

Global bond ETF. One of the lowest cost actively managed bond ETF at 0.39% MER. A lot of demand for active fixed-income, because unlike the world of equities, there is a lot more evidences that shows that active managers can consistently outperform passive benchmark indices. A core allocation in some of their model ETF portfolios. Yield 2.47%.
$21.620

Stock price when the opinion was issued

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DON'T BUY
Nothing wrong with it. But the duration of the portfolio is roughly 8 years. These bonds will get killed if rates start to go back up. Instead, you should balance it out with some short term stuff. You must take a look at the yield to maturity when deciding whether to buy.