There are two possibilities for capital leverage. One is that the fund itself is leveraged, which is rare. Under normal circumstances, funds will not be leveraged. In another case, fund investors leverage themselves, which is essentially borrowing money to buy funds.

Investors are generally not advised to buy funds and leverage. Because leverage can only expand the impact of trading results, but not increase the probability of winning, the most important thing in investment is probability rather than odds. In other words, adding leverage is only to earn more when you earn, and to thank some when you lose.