For me, leveraged funds are an indispensable way of dealing with market volatility. Being invested in a twice leveraged diversified equity fund, such as a leveraged SP500 fund' and holding 50% in cash, allows me not to panic in a sharp market downturn. Knowing I will not lose more than one half of my equity, allows me to make unemotional decisions when they are most needed. I request that you do not remove this important portfolio management tool from the individual investor.
Alex Wernberg Comment On Regulatory Notice 22-08
For me, leveraged funds are an indispensable way of dealing with market volatility. Being invested in a twice leveraged diversified equity fund, such as a leveraged SP500 fund' and holding 50% in cash, allows me not to panic in a sharp market downturn. Knowing I will not lose more than one half of my equity, allows me to make unemotional decisions when they are most needed. I request that you do not remove this important portfolio management tool from the individual investor.