VMIN

Interesting one, MamaCash. From the prospectus:

“The Fund expects to primarily take short positions in and obtain short exposure to VIX Futures Contracts with two to six months to expiration, but may take short positions in and obtain short exposure to VIX Futures Contracts with shorter or longer durations. The Fund expects the notional value of its exposure to VIX Futures Contracts to be equal to approximately 100% of Fund assets at the close of each trading day, but the notional value of such exposure may be less, and could be substantially less, at the close of any trading day. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments that in combination provide short exposure to VIX Futures Contracts.”

Here are today’s holdings:

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I am considering buying shares as well based on the dividend. Price is only around 3.30 so not a big risk if all is lost (which it could be in these inverse vol products, like SVXY).