CHECKING OUT BDCL and ECC...! Stagg | AMNB Message Board Posts

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Msg  20958 of 21479  at  9/20/2019 8:37:39 PM  by

vinanton


 In response to msg 20955 by  staggman99
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Re: CHECKING OUT BDCL and ECC...! Stagg

I agree BDCL has had a nice run YTD. Below are my concerns with BDCL and most of the 2x ETNs

1) Over the last 5 years of a bull market it has significantly underperformed
2) When the next down turn comes, it is 2x leveraged, which I would assume would make it go down over more than the overall market. In my opinion, if that happens distributions will crash.
3) You have been paying someone approximately 3% in fees for significant underperformance

Vinanton



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Msg # Subject Author Recs Date Posted
20959 Re: CHECKING OUT BDCL and ECC...! Stagg - vinanton staggman99 2 9/20/2019 9:48:38 PM


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