No. of Recommendations: 0

I think the questions are: how much time do you want to spend futzing with choosing bonds and how much do you trust these managers. Keep in mind that if they pace the average, you will do average - .5%, which is not an ugly management fee.

I believe it is possible to outperform the averages. Not only do I think you can outperform I think you can do so with less risk than the ratings imply if and only if you are willing to put the time and effort into finding the better choices. It doesn't have to be a full time job but it definitely is a time consuming hobby.

The 8.5% bounce probably came from price appreciation as people drove prices up seeking safety. If the assumption is true they were smart enough to sell when prices were high, that is a good sign. You might want to call and ask. Interview the heck out of them, you are essentially hiring an employee.

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