Subject: N/A
From: Sergio Bazarevitsch

Mar. 18, 2020

Comment on SEC Proposed Rule #S7-24-15: 

These funds provide a hedging vehicle against market downturns similar to the one that occurred in 2008/09. It took me 5 years for my 401k and IRAs recoup those losses. i was not aware of these types of funds back then but I am now and use them to protect myself. 

Thank you for your consideration 

Sergio Bazarevitsch