Many Happy Returns cover image

Leverage: No margin for error

Many Happy Returns

00:00

Leveraged Etf

Scottish mortgage investment trust, which is very popular with uk. Investors, has around 13 % gearing. The actual management fee that you see for the fund don't include the leverage costs because they have to borrow in financial markets. A three times daily levered e t f will go up by three%. But it's a daily leverage which gets supplied, so it's based on the closing price on that day. That's what people fail to understand often.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app