High-yield bond funds have increased in popularity as a result. The potential of high returns comes at a price: heightened risk. Products such as Axa IM Maturity 2023 could be a good solution for clients seeking an income over a long investment. The more risk-averse investor could seek exposure to the asset through investment in a multi-asset fund. They are, however, likely to pay a premium for the privilege of doing so – compared to investing in a fund focussed on high-yield bonds.
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