5 min read 14 Jun 22
High yield floating rate notes (‘HY FRNs’, or floating rate corporate bonds), have significantly outperformed fixed rate bonds over the past 18 months.
With central banks still behind the curve in fighting inflation, we believe the asset class offers further potential.
In the following note, we explore the potential advantages offered by the M&G Global Floating Rate High Yield Fund in the coming period:
To read the note in full, please click here
The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.