-
Posted by
Two Blokes Jun 24 -
Filed in
Stock
-
3 views
INCM offers a dynamic, actively managed 60/40 portfolio but has underperformed the passive AOR ETF in total return over the past year. Despite lower volatility and a marginally higher Sharpe ratio, INCM's higher expense ratio is not justified by its performance. The fund has shifted its allocation, reducing fixed income exposure and overweighting high yield credit and healthcare equities.
