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The investment seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Pacific ex-Japan index.
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The leverage in these along with rebalancing and management costs, plus the long-term upward trend in markets makes them poor performers over the long term. Easy red thumb points.
Recs
bear fund 2x on Japan
Recs
New 52 week low. Hedge gains in long stocks and funds. Hedge against effect of weak US consumer spending on Asian companies.
Recs
Stocks go up.
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