Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT).
Industry description
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of MSFT.
The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to MSFT equal to at least 80% of its net assets (plus any borrowings for investment purposes). It will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by The fund invests in MSFT that is equal, on a daily basis, to 200% of the value of the fund’s net assets. The fund is non-diversified.
High and low price notable news
The average weekly price growth across all stocks in the T-Rex 2X Long Microsoft Daily Target ETF ETF was 1%. For the same ETF, the average monthly price growth was 8%, and the average quarterly price growth was 11%. MSFT experienced the highest price growth at 1%, while MSFT experienced the biggest fall at 1%.