$Allianz Income and Growth MDis (LU0943347566.MF)$ Yesterday...
$Allianz Income and Growth MDis (LU0943347566.MF)$ Yesterday, the overall stock market was not doing well. Why is this fund still rising? I don't quite understand..
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Stock Trader : It's not just stocks
SkyInvestor : 60% bonds! Anticipated Interest rate drops in June means bonds rise. This is the only undervalued unit trust. Stock and crypto is too high now. Will buy more this month until about $8.5
蓝色小海洋 OP SkyInvestor : but this 60% is company bond, also will be affected by the reducing in rate?
SkyInvestor : If interest rate drop, all bonds rise.
This UT is made of 30% US stocks which already rise like S&P 500. If the bonds rise will reach $9+ in no time
Now it is time to buy