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Smart Money

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Why you can trust SCMP
Peter Guy

Resources for investing in high-yield bonds

investinginbonds.com

While investment managers are trying to push the latest high-dividend or fixed-income fund, you should learn more about this asset class from unbiased non-profit sites. This one offers comprehensive information collected from hundreds of securities firms and asset managers. Its section on high-yield bonds will help readers analyse these instruments.

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aaii.com

This site helps beginners come to grips with the basics, such as, 'what causes a bond's price to rise?' and, 'how does a bond's coupon interest rate affect its price?' Investors want to maximise yield while minimising risks, and this site takes up that topic. It is geared towards private investors and avoids institutional jargon and concentrates on the whys and hows of bonds.

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indexuniverse.com and etfdb.com

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