Leverage and retirement don’t conventionally go together – but a new exchange-traded fund targeting retirees who require more income than they can get from a typical 60-40 stock-bond portfolio is looking to include a leverage component in an effort to provide investors with superior returns. As today’s article outlines, “this fund takes those vanilla investments, adds a dollop of exposure to racier asset classes that have historically generated higher income, sprinkles in some leverage and, voila, investors get a fund that can support a 7 percent annual distribution rate.” For more, CLICK HERE.
