# kaal:claim:2715083-039

**Claim.** The mutual fund industry of the future could carry more risk than its historical averages suggest, a possibility with systemic implications given the comparative size of the mutual fund market.

**Type.** predictive  **Support.** speculative

**Holds when.**

- if the trend toward simulated leverage in mutual funds continues

**Source quote.**

> Given this trend, it seems at least possible that the mutual fund industry of the future could be subjected to more risk than the historical averages suggested in the past.

**From.** Kaal, *Confluence of Mutual and Private Funds* (2016), VI. Conclusion, page 20

**Cite as.** Kaal, Confluence of Mutual and Private Funds (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715083

**Verify.** sha256 of source PDF `b5c92186260d4a8499a14f81ee24ace093b24e7740af3effcd1c526fa4fa221e` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202016%20-%20Confluence%20of%20Mutual%20and%20Private%20Funds.pdf

**Topics.** systemic-risk, risk-and-incentives, private-funds

**Keywords.** systemic-risk, mutual-funds, leverage, prediction

**Related claims.**

- supported_by: https://wulfkaal.github.io/claims/2998097-034

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.