The global bond market has seen a drop of 8.1% year to date, making it amongst the worst ‘drawdowns’ in the past century. To add insult to injury, this comes on foot of a negative year in 2021 and two consecutive years of losses simply hasn’t happened in recent history.
Read Kevin Quinn’s, Chief Investment Strategist, Irish Broker article here, where he discusses the rapid adjustment that the bond market is undergoing and the challenges faced by low risk oriented investors. Ensuring a diversified portfolio, as is available in our PRIME Funds, Goodbody Fund and iFunds Ranges, is a key ingredient at times like this for investors.
To find out more about our New Ireland investment proposition, please talk to your New Ireland Account Manager. For the most up to date fund performances, visit our Fund Centre.