Q: Dear 5i team.
Looking at the chart of ZFH, it appears to be volitile around general market downturns. Can you explain how/why a bond fund like this has this much downside when markets panic and sell off? Looks fairly correlated to me.
Many thanks for your help.
Looking at the chart of ZFH, it appears to be volitile around general market downturns. Can you explain how/why a bond fund like this has this much downside when markets panic and sell off? Looks fairly correlated to me.
Many thanks for your help.
5i Research Answer:
ZFH owns credit exposure to companies, and in times of crisis investors like to worry about...