FYI: The explosive growth of exchange-traded funds (ETFs) and the commensurate rise of asset allocation models in fee-based investment accounts have completely transformed how advisors and investors approach and implement fixed income allocations in their portfolios, challenging some of the most important portfolio benefits of the asset class.
Regards,
Ted
https://www.thinkadvisor.com/2018/08/13/fixed-income-vs-fixed-income-exposure/
