Leveraged and Inverse funds provide an important tool in managing investments. I've utilized these funds during the past several months to hedge my exposure in a challenging market. I've been able to remain invested in strong companies that pay dividends, while reducing my exposure to a substantial loss during market corrections. These funds provide an important tool to retirees that place a priority on preservation of capital.
James Fricke Comment On Regulatory Notice 22-08
Leveraged and Inverse funds provide an important tool in managing investments. I've utilized these funds during the past several months to hedge my exposure in a challenging market. I've been able to remain invested in strong companies that pay dividends, while reducing my exposure to a substantial loss during market corrections. These funds provide an important tool to retirees that place a priority on preservation of capital.