Matthew Hartsuch Comment On Regulatory Notice 22-08
Matthew Hartsuch
N/A
Leveraged funds are important for young small time investors like myself to be able to have access to similar financial vehicles that large investors and institutions are able to use. I use the LETF's to be able to construct a balanced 60/40 portfolio that provides a higher risk-adjusted return than a stand alone index fund would be able to. Imo, there are many stocks that bare much higher risk than these LETF's, and it's impossible to eliminate all risk. Meme investors are far more likely to lose all their money on doge, gme, amc, etc, than they are to lose money on UPRO/SPXL. Eliminating leveraged fund would severely reduce the long term growth of my portfolio. Thank you
Matthew Hartsuch Comment On Regulatory Notice 22-08
Leveraged funds are important for young small time investors like myself to be able to have access to similar financial vehicles that large investors and institutions are able to use. I use the LETF's to be able to construct a balanced 60/40 portfolio that provides a higher risk-adjusted return than a stand alone index fund would be able to. Imo, there are many stocks that bare much higher risk than these LETF's, and it's impossible to eliminate all risk. Meme investors are far more likely to lose all their money on doge, gme, amc, etc, than they are to lose money on UPRO/SPXL. Eliminating leveraged fund would severely reduce the long term growth of my portfolio. Thank you