Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of SUI. The fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Under normal circumstances, the fund will invest at least 80% of the value of its net assets (plus borrowings for investment purposes) in SUI-Linked Instruments. SUI is a digital commodity that is emitted and transmitted through the operations of the delegated proof-of-stake Sui Network, a decentralized network of computers that operates on cryptographic protocols. It is non-diversified.