Thursday, March 26, 2015

Beware the Rise of the Unconstrained Bond Fund

Calling it, “The biggest mistake investors are making right now,” investment advisor Joshua Brown (widely known by his 102,000 followers on Twitter as Downtown Josh Brown @reformedbroker) wrote a scathing indictment of the newest, hottest breed of bond fund on Fortune.com Wednesday. Known as “unconstrained bond funds,” these are mutual funds that can invest in [...]

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