Mind your P’s and F’s: Don’t confuse leveraged ETPs with ETFs

As the recent market volatility made clear, there’s a big difference between plain vanilla ETFs and leveraged products making big bets with big risks. I love movies that pivot on mistaken identity.  From Desperately Seeking Susan (Madonna) to The Big Lebowski (Jeff Bridges), I get hooked when one character is falsely assumed to be...

Source: BlackRock Blog
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