“When I say these and other total return bond funds have lost their “charter”, I’m asserting that almost all of these funds have in the last five years become quasi “index funds”. And since most adhere to indices with six year and longer durations*, their performance...
In the past three years, financial markets have faced unprecedented challenges ranging from the worst pandemic in 100 years, the biggest armed conflict in Europe since World War II, the largest drawdown in bonds ever, and the highest inflation in more than 40 years....
[UPDATED SEPTEMBER 2022] A few months ago a handful of economists were calling the inflation top, and some investors started betting on rate cuts in 2023. Fixed income investors that wagered on a bond rally were rewarded in July for extending duration in their...
Build CIO, Matt Dines, CFA, was a guest on the Gaining Perspective podcast, discussing his three takeaways from the Fed rate hike announced in March 2022. Episode summary: As expected, on March 16, the Fed signaled its intention to hike the Fed Funds rate by 25bps. My...
John Ruth, co-founder and CEO of Build Asset Management, explains to ETF Trends how the BUILD Bond Innovation ETF (BFIX on the NYSE Arca) combines the risk-mitigating elements of investment-grade fixed income with the upside potential of equity markets to outperform...
