A constant maturity fund's returns can change from the portfolio yield-to-maturity at the time you invested; not just because of the rate cycle impact but also because funds can actively book profits when bond prices rise to bulk up returns. You can hold these funds for any number of years.
A constant maturity fund's returns can change from the portfolio yield-to-maturity at the time you invested; not just because of the rate cycle impact but also because funds can actively book profits when bond prices rise to bulk up returns. You can hold these funds for any number of years.
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