Let me guess, public mutual agents? PM bond funds returns lose to FD one... how to sell

Besides, bond fund close to zero commission

Once on cari chinese forum an agent tell me off, say it's a disservice to the clients to sell them bond fund because of the lacklustre returns. Ahem, the problem is why the bond fund return so little right? Not because your bond fund sucks so you ask client to take more risk than they are supposed/ready to

Possible answer(s):

1) You are a young person, so they thought perhaps bond fund is too conservative for you.

2) Industry compensation structure. UTC are "penalized" for promoting bond fund by being paid half the commission for regular equity fund.

3) The UTC knows SH1T about asset allocation or how to construct a proper portfolio and are trained by their upline to be pure salesman only.

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