The investment seeks to replicate, net of expenses, 300% of the inverse daily performance of the MSCI Emerging Markets Index The fund will invest at least 80% of assets in securities that comprise the index. It will also utilize financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The fund is nondiversified.
EDZ Weekly
Close-up EDZ Weekly
This was at $95 a year ago. It is a highly leveraged way to play a global financial crisis. The Weekly Trend Model just generated it's first Buy Signal since it's 2009 highs. I'm keeping an eye on the EDZ Daily Model for a turn up before jumping in.
