We look for companies that do not borrow too much

One of the few bond types that remain attractive now is high yield. According to manager Klaus Blaabjerg of Sparinvest High Yield Value Bonds, the market value as a whole is not overvalued.

"Demand is strong and the number of bankruptcies low. Comparing spreads against the expected failure rate, there are no signs of a bubble," replies Blaabjerg in writing to questions from Fondsnieuws. Read the full Fondsnieuws article here