“Don’t focus on predicting what will happen, plan for what can happen,” Co-CEO and CIO Gerard O’Reilly said in a recent webcast. Rather than trying to predict what markets will do, investors should plan for a range of potential outcomes.

By looking outside their home market, investors can expand their choices and opportunities for higher expected returns. A global approach can also enhance diversification, which may help reduce portfolio risk and volatility.

A historical analysis of active US-domiciled equity funds finds no meaningful relation between market volatility and managers’ success rates; the implication is that traditional active investments may compound your concerns during times of market uncertainty.

The bottom line—as your advisor will confirm—is that as rates move higher, bonds are more attractive,

not less.