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New Leveraged ETF Of ETFs Targets Retirees Seeking 7% Return: (HANDL)

TedTed
in Fund Discussions
FYI: Leverage” and “retirement” are two words you don’t normally hear together, but that’s exactly the combination one new exchange-traded fund is cooking up.

The Strategy Shares NASDAQ 7 HANDL Index ETF, which is slated to trade under the ticker HNDL, will use derivatives to boost the returns of a portfolio of other ETFs, regulatory filings show.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-01-16/new-leveraged-etf-of-etfs-targets-retirees-seeking-7-return

Comments

  • MikeMMikeM
    This sounds great!!! What can can go wrong?
    This fund takes those vanilla investments, adds a dollop of exposure to racier asset classes that have historically generated higher income, sprinkles in some leverage and, voila, investors get a fund that can support a 7 percent annual distribution rate.
  • sfnative
    "Targets retirees" being the operative term.
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