Apsire Partnership Brochure - page 63

And in theFixed InterestMarkets
Bonds, on the other hand, represent a promise by a government or
company to pay a certain amount of interest over a given period and to
repay the sum borrowed at the end of the period. The long-term rate of
return for bonds tends to be lower than equities, but prices and income
have tended tobemore stable.
Again you can diversify your risk by investing in global bond markets
rather than just in one or two, and diversify further by picking bondswith
different terms andobjectives.
TRANSPARENCY 04
61
SWITZERLAND
1%
POLAND
1%
AUSTRIA
1%
SWEDEN
1%
GERMANY
6%
ITALY
5%
AUSTRALIA
2%
JAPAN
18%
SOUTH
KOREA
2%
1...,53,54,55,56,57,58,59,60,61,62 64,65,66,67,68,69,70,71,72,73,...76
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