Morningstar Minute: PH&N reduces its corporate bonds stake

The managers believe the rally in corporate credit is nearing its end.

Jeffrey Bunce, CFA 2 June, 2017 | 5:00PM
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Jeffrey Bunce: The majority of funds in the Canadian Fixed Income category outperformed the FTSE TMX Canada Universe Bond Index in 2016, thanks in large part to the majority of managers being overweight corporate bonds, which outperformed government bonds.

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About Author

Jeffrey Bunce, CFA

Jeffrey Bunce, CFA  Jeffrey Bunce, CFA, is a senior investment analyst for Morningstar’s Investment Management group.

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