IIndex-linked bond funds were imagined to protect us from rising inflation, but they’ve failed their first serious test. Since the patron price index soared in late 2021, these products have been a bitter disappointment – like waterproof pants that leak or wasp repellents that attract the beasties as in the event that they were fabricated from sex pheromones.
We have already explained exactly why index-linked bond funds didn’t work through the auto crash markets in 2022.
