The ability to use leveraged funds allows investors to reduce risk and achieve decent growth results. If I use 33% of my portfolio to purchase a 3X fund and leave the rest in CD's or an interest bearing account, total money grows at 1X the market and provides a safety net to 67% of the rest of the portfolio if the market tanks. It is for this reason I support the use of leveraged funds to all investors.
Steven Fink Comment On Regulatory Notice 22-08
The ability to use leveraged funds allows investors to reduce risk and achieve decent growth results. If I use 33% of my portfolio to purchase a 3X fund and leave the rest in CD's or an interest bearing account, total money grows at 1X the market and provides a safety net to 67% of the rest of the portfolio if the market tanks. It is for this reason I support the use of leveraged funds to all investors.