Holds 100% in YINN, a 3x leveraged China ETF, with no rebalancing. It seeks daily 3x gains if China’s market rises and 3x losses if it falls. Due to daily resetting, long-term results can diverge from 3x the overall move and the strategy is extremely high-risk.

What you own: 100% of your portfolio in YINN, a 3x leveraged ETF that aims to deliver roughly 3x the daily performance of the FTSE China index. How it moves: If the China index rises 1% on a day, YINN targets about +3% for that day. If the index falls 1%, YINN targets about -3% for that day. Daily reset: The leverage resets each day, so long-term results are not simply 3x of the index’s overall move; sequence of daily changes matters due to compounding. Rebalance: The plan shows no rebalancing, and the corridor width (0.1) is irrelevant here because there’s only one asset. Costs and risks: You pay YINN’s expense ratio and incur leverage-related costs; volatility and policy/country risk in China can cause large swings. Suitability: Intended for short-term trading/viewing the direction of China’s equity market, not for long-term buy-and-hold.

Leverage China exposure with YINN for outsized upside. OOS annualized return ~86.5% with alpha ~0.62% vs S&P; Sharpe ~1.15, Calmar ~1.41, signaling strong risk-adjusted performance. But expect higher volatility and drawdowns (~61%).