Subject: File No. S7-24-15
From: Mark van Gelderen

February 20, 2020

Leveraged and Inverse funds have democratized and improved investing for the lay public.

Now the small investor can take advantage of higher returns without having to be a market expert.

One can participate in major markets, to get high returns for the cost of one share and without advanced treading skills. Buyind for example TMF or TMV short, allows one to buy into one of the safest indices in existence and get truly impressive returns, whilst insuring against extraordinary loss via simple stop-loss orders.

Buying the leading indices even times 3, allows investing efficiency, and lower volatility compared to a stock portfolio that contains anything other than the most conservative of offerings.

There are many more reasons why these products are worthwhile and in most cases will give higher reteturns with lower volatility comared to traditional investing.