2x not enough leverage for you? Got that itch that requires 4x leverage to scratch? No worries, there is a product for you!
ForceShares Daily 4X US Market Futures Long Fund
ForceShares Daily 4X US Market Futures Short Fund
From the prospectus:
The Long Fund’s primary investment objective is to seek daily investment results, before fees and expenses, that correspond to approximately four times (400%) the daily performance, and the Short Fund’s primary investment objective is to seek daily investment results, before fees and expenses, that correspond to approximately four times the inverse (-400%) of the daily performance, of the closing settlement price for lead month (i.e., the “near month” or “next-to-expire”) Standard & Poor’s 500 Stock Price Index Futures contracts (“Big S&P Contracts”) that are traded on the Chicago Mercantile Exchange (“CME”).
But wait, it gets better:
- The Sponsor has no experience operating commodity pools.
- The Sponsor has limited capital and may be unable to continue to manage the Funds if it sustains continued losses.
- The Funds and the Sponsor may have conflicts of interest, which may cause them to favor their own interests to your detriment.
Yeah, this will end well.