I oppose restrictions to my right to invest in leveraged funds.
These leveraged funds are very instrumental in my investment strategy. I use leveraged funds for a small percentage of my total portfolio, buying more shares when prices are low and buying fewer shares when prices rise.
This is a volume averaging strategy involving a double leveraged mid cap etf and a triple leveraged nasdaq fund.
Again for only a small percentage of my portfolio, but a very important one for seeking enhanced returns.
I understand these funds completely and the associated risks. Do not impose these undue regulations.
Jeffrey Kinlaw Comment On Regulatory Notice 22-08
I oppose restrictions to my right to invest in leveraged funds.
These leveraged funds are very instrumental in my investment strategy. I use leveraged funds for a small percentage of my total portfolio, buying more shares when prices are low and buying fewer shares when prices rise.
This is a volume averaging strategy involving a double leveraged mid cap etf and a triple leveraged nasdaq fund.
Again for only a small percentage of my portfolio, but a very important one for seeking enhanced returns.
I understand these funds completely and the associated risks. Do not impose these undue regulations.