Reddit is getting into the futures market investing game and it’s offering up to 50% in a new ETF called Fortunities Markets.
The fund is aimed at investors who want to take advantage of the fact that the market is volatile and volatile futures markets offer a great way to take profits in times of trouble.
The fund’s website says it will hold a $1.5 trillion market cap, which could reach $4 trillion if all goes according to plan.
As investors, we want to see the markets move in our favor.
So, we have a plan for how we will go about doing that.
This will not be an easy ride.
But if we get it right, we will be in a position to reap the benefits from this massive rally in the futures markets.
The Fortunity Markets ETF will be managed by an investment management firm called J&G Investment Management.
The firm says the fund will be “high yielding” with a return of up to 7.8% annually.
The fund is expected to debut in 2021.