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  5. ZAG: Hello, 10% of my portfolio is in bonds equally weighted amongst the three. [BMO Aggregate Bond Index ETF]
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Q: Hello, 10% of my portfolio is in bonds equally weighted amongst the three. Should/could I get rid of one? Which would be the best for risk/reward and total return?
Asked by Craig on April 28, 2023
5i Research Answer:

We can't provide personal moves, but we do expect bond performance to be much better going forward as interest rates peak. In a recession, investors will likely appreciate bonds a lot more as well. Of these, PGI.UN is out least favourite, with a five year record of 1.87% and several single years of losses. It does quite well when it does well, however, but is volatile for an income product. It is also now trading at a ~2% premium to asset valuee. 

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