Subject: File No. S7-24-15
From: Benjamin Fox

March 12, 2020

I always read the prospectus before investing in new mutual funds (leveraged funds included).

I have been investing in leveraged funds for eight years. It helps balance out my portfolio and allow me to take advantage of market ups and downs. I understand the risk associated with using these funds and holding them for long periods of time. I have read the prospectus.

I oppose any regulation that will hinder the everday investor like me to use leveraged funds.