The June date is based on how existing Authorized Campus Stores have started to clear out Apple computers at cost, which an example being the store at the University of Victoria (UVic). Once supplies have sold out campus stores will only sell accessories and peripherals.
Explicit leverage is money or assets contractually borrowed for a fee. As a hedge fund investor, it is important to know whether your hedge funds are using these types of products and how much risk they add to your portfolio. One way to figure this out is by reviewing the often overlooked audited financial statements.
About Leveraged ETFs. Exchange-traded funds (ETFs) are traded on a stock exchange. They allow individual investors to benefit from economies of scale by spreading administration and transaction costs over a large number of investors. Leveraged funds have been available since at least the early 1990s.