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%.
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.
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.