Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) of the daily performance of the S&P Real Estate Select Sector 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 constructed and maintained by S&P Dow Jones Indices LLC. The index represents the real estate sector of the S&P 500 Index. It is non-diversified.