Investing the the bond market: from senior secured to convertible bonds

Bonds are not as cool or exciting as equities, but they have hidden depths. Research analyst Ryan Lightfoot-Brown takes a closer look at the structure of a company’s debt and which bonds might be safer than others.

The views of the author and any people interviewed are their own and do not constitute financial advice. However the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.