The remaining half of the new sectors include USD Mixed Bond, EUR Mixed Bond, Global Mixed Bond, USD High Yield Bond, EUR High Yield Bond, Global High Yield Bond and a Specialist Bond sector, which is any bond fund that invests at least 80% in bond securities, but does not qualify for any of the other 13 sectors.
"The new sectors more concisely and accurately separate funds according to their investment strategies. From a fund selectors' point of view, this is a positive step forward. The new sectors provide a more useful starting point for uncovering the best funds available in specific areas of fixed income markets," John McTaggart, fund analyst at FE Investments told