World bond portfolios invest 40% or more of their assets in foreign bonds. Some world bond portfolios follow a conservative approach, favoring high-quality bonds from developed markets. Others are more adventurous, and own some lower-quality bonds from developed or emerging markets. Some portfolios invest exclusively outside the U.S., while others regularly invest in both U.S. and non-U.S. bonds.
Abbreviation: IB
Broad Asset Class: Taxable Bond
Primary Index: Barclays Aggregate Bond
Secondary Index: Citigroup Non-USD WGBI