Risk-Adjusted Income: A Prescription for Yield-Starved Investors
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چکیده
Many investors seek income for its consistency and ability to dampen volatility. High-quality fixed income securities historically provided investors with a reasonable income stream, but since the 2008 financial crisis, global economic conditions and central bank policies have caused yields to fall to historic lows. To realize even modest income levels, investors may need to consider assuming more risk. We believe a multi-asset income portfolio can generate income while seeking to mitigate risk; we strive for risk-adjusted income.
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