Leveraged portfolio(redirected from Levered Portfolios)
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A portfolio that includes at least some securities that were bought with borrowed money. A leveraged portfolio is risky because the securities may result in a loss, which would leave the investor liable to repay the borrowed capital. However, if the securities result in a gain, the investor has essentially made a profit without using his/her own money.
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