This is non-leveraged. It would lose only a half to one percent over a year due to rebalancing. He uses it.
Stock price when the opinion was issued
HIX is an inverse play on the TSX 60 similar to HDGE or RWM. It is a single inverse, so there is only a tiny element of future market exposure. There is no leverage involved in HIX.
Build our watch list
Sign in to track investmentsyou care about
Campbell Lee & Ross
5i Research
CNBC
Stockchase Premium
Stockchase
This is non-leveraged. It would lose only a half to one percent over a year due to rebalancing. He uses it.