Why I Don't Buy Foreign Bond Funds |
May 26, 2011 | May 2011 Bond Updates |
Foreign bonds are a hot topic in the financial press. In theory, adding foreign bonds to a portfolio adds diversification in two ways; they increase the number of names in a portfolio and provide a hedge against decline in the US dollar. Rebalancing between foreign bonds and US bonds also provides a risk reduction benefit and a long-term return benefit. |
View more at: http://blogs.forbes.com/rickferri/2011/05/26/why-i-dont-buy-foreign-bond-funds/ |
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