00:00 Speaker A
So how do you maximize your return this year, if things can go a little sideways from here?
00:08 Speaker B
Look, we look at, eh, adding places, UH or or or add a kind of risk in in sectors and sub-assets that make sense to us. We love the American 10-year-old out of 442, which is the current level that it acts. It is actually above the deductible premium in the markets at the moment. So if you are actually paid the same for owning the S&P 500 and possessing the American 10-year bond, we think it is logical to add UH at the moment. Uh, we also like sectors that pay you income and have not affected rates such as MLPs. That's one. So there are certainly opportunities that are there, uh, to which you can add risk to your portfolios if you have some extra money.
00:58 Speaker A
I am curious if you are talking about, uh, you know, a kind of dividend plays to a certain extent or income games to a certain extent, how you feel about what a very hot trade had been cooled to a certain extent. And I'm talking about the utilities, which has also been a kind of AI game, right? So is that an area that you would look for?
01:22 Speaker B
Yes, in the long term we still think that this is a pretty attractive sector. Uh, we think that utilities, not only they will have a kind of, uh, um, you know, their kind of traditional roles within portfolios, but we think it is actually a growth sector, precisely because of what you called with the AI game. So we love utilities. We would even look, or we will look for this break as an opportunity to add risk there too.
