PERSONAL FINANCE: BOND INVESTING
Bond funds as safe haven for 4% return? Morningstar study flags hidden risks
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Singapore
A LARGE number of income funds - which typically hold bonds - sold in Singapore, Hong Kong, and Taiwan tend to pay much higher yields to their clients than some others available in the market.
But in this lower-for-longer rate environment, how are these funds hitting projected annual returns of at least 4 per cent that investors have come to expect from them?
