Warren Buffettis getting the leveraged ETF treatment in the latest fund to offer increased exposure to the Oracle of Omaha's investments.
What Happened:Tidal InvestmentsandKiwoom Securities Co.jointly launched a new leveraged ETF based on the Class B shares ofBerkshire Hathaway Inc(NYSE:BRK)(NYSE:BRK).
The new ETF from Kiwoom, one of the largest retail brokerages in South Korea, will use swaps and derivatives to meet its goal of providing two times the daily returns of Berkshire Hathaway stock, as reported by Bloomberg.
The new ETF is calledThe Kick BRK 2X Long Daily Target...
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