Stockchase Opinions

Vikash Jain, CFA PowerShares Senior Loan ETF BKL-T COMMENT Jul 23, 2012

Knows very little about this and does not intend to find out more because there is no volume, very little assets and is more complicated than it needs to be. ETF's are supposed to simplify our lives as investors.
$20.160

Stock price when the opinion was issued

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Presumes this is a floating rate type senior loan fund and is marketed principally on the idea that you are going to be protected. As rates go up your income will go up. There are always small problems with these loan portfolios. They are typically offered as leveraged companies, and he has found that it is all good, and then one day it is not good.