Palmers selects securities to produce risk-mitigated outcomes via the astute use of thoroughly researched bonds and hybrids.

In this series of essays, each designed to demystify an aspect of the arcane language used by investment professionals, we have landed on the subject of ratios (the relationship between numbers) and we now consider a couple in some detail: first, a little revision on the price/earnings (P/E) ratio and then onto the price-earnings-growth (PEG) ratio.