Worst Australia Bond Fund Flees Sovereigns to Seek Yield

Bill Bovingdon, Strategic Fixed Interest Trust’s new manager, is seeking higher yields away from Australian government debt to turn around the nation’s worst- performing actively-managed bond fund of 2012. The trust returned 6.8 percent last year, ranking No. 21 out of 22 debt funds in the nation…

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Worst Australia Bond Fund Flees Sovereigns to Seek Yield

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