Wellguard Bond Monitor
The Wellguard Bond Monitor is aiming at the prevention of defaults in bond portfolios. The Bond Monitor is unique as it makes use of daily stock exchange data of traded securities, to serve as an input for assessing default risks. The combination of a wide range of information available and the daily accuracy of it enable the advisor the avoid losses incurred due to defaulting bonds.
Wellguard disposes of a database covering 80.000 worldwide traded bonds, which are being updated on a daily basis. Wellguard provides its clients, via a web link, with a daily access to the respective developments
The chart hereunder shows a recent example of the evolution of the default risk and the market price of Quicksilver, a well-known US sportswear company. It shows the added value of the sell signal.