Fundamentalne indeksowanie na rynku instrumentów o stałym dochodzie
Fundamental Indexing on the Fixed Income Market

Summary/Abstract: Fundamental indexing on the fixed income market is an alternative to traditional – using market capitalisation – method of weighting bonds in the index portfolio. It involves the determination of weights for individual debt securities based on fundamental factors that show the potential ability to service debt and creditworthiness of issuers – companies or states. Indices of this kind have been running since recently and are used by comparatively few financial institutions, but their significance is expected to grow because – as the research shows – they generally offer higher returns and risk-adjusted performance

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