
When the Market Outgrows the Index – David Vick, TCW
The Best Investment Writing
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Exploring Limitations and Opportunities in the Fixed Income Market
This chapter examines the shortcomings of the aggregate bond index in reflecting the entire U.S. fixed income market, particularly its exclusion of high-yield and bank loans. It underscores the advantages of actively managed ETFs that give investors access to these overlooked sectors, enhancing their potential for returns amid market volatility.
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