Fixed income can also be achieved through socially responsible securities such as private debt impact notes, which provide loans for social enterprises or green projects. Funding may go to domestic or international projects and can be spread among thousands of loans, said Shane Yonston, CFP and principal advisor with Impact Investors, who has used these for about 15 years.
“I might use several in a portfolio for funds a client doesn’t need to touch, not adding up to more than 15 percent of the portfolio,” Yonston said. “It’s good to spread your fixed-income bucket across different classes, whether international or domestic, amount of liquidity, various micro-loans.“…
