Did individual index-linked gilts hedge post-pandemic inflation?
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1 Articles
Did individual index-linked gilts hedge post-pandemic inflation?
The failure of index-linked bond funds to perform post-Covid has really been bothering me. What’s the point of these things if they don’t actually protect you from inflation? Meanwhile, individual index-linked gilts – correctly used – are meant to be a proper inflation hedge. But is that true? Can we empirically prove individual linkers1 worked when inflation let rip? First, some context. Our favoured linker fund holding at House Monevator prior…
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