homeWelcome, sign in or click here to subscribe.login
     


 

 

Money


Subscriber content preview

July 25, 2016

What to expect from your bond fund: Less

  • The manager of Fidelity Total Bond fund says bond funds can still be stabilizers when stocks are shaky, but investors need to lower their expectations.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — How many more times can bond funds ride to the rescue when stocks go on another one of their tumbles?

    Markets are calm now, but it was only a month ago that a freak-out about the United Kingdom's departure from the European Union sent the largest stock fund to a two-day loss of nearly 6 percent. Through the turbulence, bond funds once again acted as investors' comforter and delivered steady gains. The Fidelity Total Bond fund, for example, rose modestly each of those days, returning 0.5 percent.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.