Sentences with phrase «requires daily rebalancing»

The associated costs and required daily rebalancing continuously erode the long term value of the assets in the fund (and hence the value of shares in the fund itself).

Not exact matches

Portfolios are rebalanced and tax - loss harvesting is applied (if required) on a daily basis.

That in itself is noteworthy, as any fund prospectus from either ProShares or Direxion clearly warns that the turnover required by daily - rebalanced portfolios should create a greater likelihood of capital gains distributions.

However, leveraged ETFs require complex derivatives and periodic rebalancing to achieve the advertised daily return.