> Did you discover duration risk too? ICSH is an ultra-short bond fund with average duration of 0.42 years. So very little duration risk. That said for the GP

> Did you discover duration risk too? ICSH is an ultra-short bond fund with average duration of 0.42 years. So very little duration risk. That said for the GP it’s only slightly more work to buy actual treasury bonds. Hold them to maturity and there’s no risk of losing money from interest rates going up. You know exactly what you’re getting and when. And if interest rates drop suddenly you can decide if you want to sell the bond and take a gain.