No. of Recommendations: 0
Suppose there was a bond mutual fund which had low costs (say, 0.2%) and whose bonds matured at about the same time. You make your investment, get cash interest payments, and then get your full principal back at the end. You benefit from owing part of a diverse group of professionally-selected bonds rather than buying individual ones.

The bonds could be corporates, treasuries, mortgage, etc.

Does such a fund exist? If not, does this type of fund sound like it would be of interest to people?

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