I use a Profunds inverse interest rate fund as a hedge on my business. I'm a mortgage broker and when interest rates raise, my business always slows down. This fund allows for my investments to increase in value when I don't make very much money. I don't understand why regulators want to take away a very valuable investment class.
Todd Ross Comment On Regulatory Notice 22-08
I use a Profunds inverse interest rate fund as a hedge on my business. I'm a mortgage broker and when interest rates raise, my business always slows down. This fund allows for my investments to increase in value when I don't make very much money. I don't understand why regulators want to take away a very valuable investment class.