Forbes: James St. Aubin on the Benefits of Bond Laddering

Different ways you can prevent an SVB portfolio nightmare with Bond Laddering

Carving out a chunk of your nest egg to buy debt securities that you hold until maturity offers predictable income and principal protection in an unpredictable world. When Silicon Valley Bank (SVB) blew up last month, it provided aging investors with a textbook example of what can go wrong with even the most conservative of bond holdings.

“If I have a 10-year window where I know that I’m completely safe from having to sell anything if the markets don’t go in the right direction, that’s a great place to be,” says James St. Aubin, chief investment officer of Sierra Mutual Funds and Ocean Park Asset Management, in Santa Monica, California.



The thoughts and opinions expressed in the article are solely those of the person speaking as of 4/8/2023. The discussion of individual companies should not be considered a recommendation of such companies by the Fund’s investment adviser. The viewer must make his/her own assessment of the relevance, accuracy, and adequacy of the information contained in this article, and make such independent investigations as he/she may consider necessary or appropriate for the purpose of such assessment.