Reported about 1 year ago
On July 7, 2024, the US stock market surged with the Nasdaq hitting a historic high, boosting market confidence. Cathay United Fund Management believes in the bullish trend of US stocks and bonds, suggesting investors utilize multi-asset balanced funds to smartly manage stock and bond allocations. With the US market showing a bullish trend in both stocks and bonds, the Cathay US Multi-Asset Balanced Fund focuses on US markets, allocating forty percent in US stocks and forty percent in investment-grade bonds among other assets, with the flexibility to adjust the diversified portfolio based on market changes.
Source: YAHOO