$Manulife Global Fund - Preferred Securities Income Fund MDis (LU1850216372.MF)$
With declining rates outlook, do you expect this fund NAV to hold? NAV trend looks to be softening tho?
With declining rates outlook, do you expect this fund NAV to hold? NAV trend looks to be softening tho?
1
$HSBC GIF Ultra Short Duration Bond MDis (LU2334455339.MF)$
I thought bond prices should drop as rates rise leading to bond fund NAV dropping? This fund NAV increase together with interest rate levels. Is this because this is a ultra short term bond underlying which then directly mirrors the interest rate environment as opposed to an inverse relationship?
I thought bond prices should drop as rates rise leading to bond fund NAV dropping? This fund NAV increase together with interest rate levels. Is this because this is a ultra short term bond underlying which then directly mirrors the interest rate environment as opposed to an inverse relationship?
4
1