This week we sold all of our remaining fixed-interest holdings. Now I do believe that usually investors should hold a variety of different asset classes. I have said it before here
diversification through asset allocation is the only free lunch available to investors.
So therefore it is with regret that we announce the late departure of the iShares £ Corporate Bond Fund from our portfolios. We will be sad to see it go. Here are the investment returns we have enjoyed from this fund over the last 5 years. It has been a lovely, lower-risk little earner, but as you can see this year has been a struggle. Continue reading “It makes no sense”