Subject: File No. S7-24-15
From: Jeffrey Borders

April 17, 2020

I have been an investor for about 25 years. At this juncture, I utilize leveraged and inverse etf's and mutual funds to magnify my returns so I can catch up with my retirement plans and not have to work until age 90.
I have the good sense not to risk my entire portfolio in leveraged funds, but leveraging is a small part of my total strategy. I fully understand the risk associated with leveraged funds and club count on the increased ROI to fulfill my investment objectives.