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The Daily Interview: Hancock Funds' Barry Evans
High-yield bonds funds.
In the past few years, those words haven't exactly been considered sexy, especially since they're averaging about a 1% loss over the past three years. However, when you also mention predictions of 20% returns this year, it starts to sound a lot better. That's just what Barry Evans, chief fixed-income officer at John Hancock Funds, expects from the junk bond sector in 2001. Further out, he sees the sector turning out solid gains for the next two to three years. (If, right now, you're asking, "What's a bond again?" check out the Investing Basics introduction to junk bonds.)
| Barry Evans Chief Fixed Income Officer, John Hancock Funds |
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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| 10,390.11 | 1,103.25 | 2,189.61 | 34.48 |
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