FYI: (The Linkster says hold leveraged funds for only for a matter of days, a quick-in-and-out, long-term the leverage and fees are a nightmare). (Double, triple your pleasure, but more than likely double, triplr your pain.)
Investors are getting new funds in the fast-moving home-building, biotech and energy sectors.
Adding an extra layer of leverage to what is already on the market, ProShares, the world’s biggest provider of leveraged and inverse ETFs, launched a triple-leveraged and a triple-inversed exchange-traded fund for the biotechnology sector, and double-leveraged and double inversed funds for the homebuilding and oil and gas exploration sectors
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2015/06/23/bull-and-bear-etfs-debut-in-biotech-oil-and-homebuilders/tab/print/
