Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones Internet Composite Index.
The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of the 40 largest and most actively traded stocks of U.S. companies in the internet industry. The fund is non-diversified.