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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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The Fear Fund: (IVOL)

FYI: Stocks have recovered from last fall’s crash, low interest rates stretch out to the horizon and the VIX volatility index is half what it was at Christmas. Sit back and coast to a comfortable retirement.

No, don’t, says Nancy Davis. This veteran derivatives trader runs Quadratic Capital Management, where her somewhat contrarian view is that investors, all too complacent, are in particular need of insurance against financial trouble.
Regards,
Ted
https://www.forbes.com/sites/baldwin/2019/09/24/the-fear-fund-nancy-davis-etf-aims-to-protect-investors-from-scary-stuff-like-recession-and-inflation/#7abddaf714b7

M* Snapshot IVOL:
https://www.morningstar.com/etfs/arcx/ivol/quote
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