Another 130/30 fund is the KEYnotes First Trust Enhanced 130/30 Large-Cap ETN (NYSEArca: JFT), an exchange traded note.

The 130/30 strategy is a good, unique one, but it’s important to do your homework and make sure that such a strategy is a good fit for you and your goals.

For more stories on the 130/30 strategy, visit our 130/30 category.

Kevin Grewal contributed to this article.