Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily price performance of HYPE.
Under normal circumstances, the fund will invest at least 80% of the fund’s net assets (plus any borrowings for investment purposes) in fund -related investments that the Adviser and Sub-Adviser believe, in combination, should produce daily returns consistent with the fund’s investment objective of seeking daily investment results, before fees and expenses, that correspond to two times (2x) the daily price performance of fund. It is non-diversified.