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Leveraged ETF

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A Leveraged ETF (we call it a 3X ETF) simply takes the ETF concept further. A 3X ETF seeks to triple the return of the underlying sector or commodity on a daily basis. For example, UGLD seeks to triple the return of GOLD on any given day. 3X ETFs are trading vehicles only, and are not meant to be long term investments.



Wanderer Financial