Q: I’m assuming that the holdings of PMIF are identical to PMO005, which are 48% securitized; 38% government; 22% corporate; 13% other.
Question 1: what is meant by ‘securitized’? Is that a good thing in a bond fund?
I’ve spent a day researching C$ bond ETFs and the more I research, the more confused I become.
Question 2: Is PMIF about as good as any other bond ETF out there?
I’m not too concerned about fees or yield, as what I’m looking for is low volatility, preservation of capital, with a reasonable total return.
Thanks.
Question 1: what is meant by ‘securitized’? Is that a good thing in a bond fund?
I’ve spent a day researching C$ bond ETFs and the more I research, the more confused I become.
Question 2: Is PMIF about as good as any other bond ETF out there?
I’m not too concerned about fees or yield, as what I’m looking for is low volatility, preservation of capital, with a reasonable total return.
Thanks.