As a sibling commenter posted the fund actually presents itself as insurance - you don’t put all your money into it, you only put a small percentage. That perce

As a sibling commenter posted the fund actually presents itself as insurance - you don’t put all your money into it, you only put a small percentage. That percentage would indeed eventually disappear if you never refreshed it, but keeping a percentage in this “insurance” hedge would also mean you basically shrug off giant downturns like Covid.