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Don’t Associate Junk Mutual Fund Problems With Bond ETFs
FYI: A Third Avenue junk bond mutual fund has halted investor redemptions, provoking concerns that this may be the canary in the high-yield fund coal mine. However, exchange traded funds that track speculative-grade debt are not exposed to the same level of risks. Regards, Ted http://www.etftrends.com/2015/12/dont-associate-junk-mutual-fund-problems-with-bond-etfs/
