Royal London Sterling Extra Yield Bond

cashbackproblems

Hi

Just wondering what people think of the above bond, iv just put some money into it and it pays 6%+. I am doing well with Kames High Yield Bond and Marlborough High Yield Fixed Interest so thought i would add this to the list.

thanks



http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/r/royal-london-sterling-extra-yield-bond-class-y-income

dale_cotterill

I actually own this fund, but not in great amounts, and intend to get out of it before interest rates rise again. It's low charges appeal for what is a higher risk investment.

High risk end of the spectrum though, certainly not in the theoretical 'safe haven't of fixed interest in the case of a market collapse.

You have two High Yield bonds already, where else are you diversified into?

When interest rates rise, and liquidity dries up, you could be in for some serious losses. Way more than the sector average, hope you can stomach them.

pip895

I also own this but second the caution - not a safe bet as bonds go! Do you need another High yield bond?