Contents Explaining the world of bonds 3 Understanding how bond prices can rise or fall 5 The different types of bonds 8 Bonds compared with other types of investments 10 How can you invest in bonds? 11 A few questions to ask before you invest in a bond fund 12 Glossary 13 Spin-free guides 15 Please refer to the glossary found on pages 13 and 14 for an explanation of the words highlighted in bold throughout this guide. The value of investments, and the income from them, will fluctuate which will cause the fund price to fall as well as rise and you may not get back the original amount you invested. We are unable to give financial advice. If you are unsure about the suitability of your investment, speak to a financial adviser.