Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq CTA Cybersecurity IndexSM.
The index is a modified liquidity weighted index comprised of companies classified as "cybersecurity" companies by CTA. The fund will obtain leveraged exposure to at least 80% of its total assets in component securities of the index or in instruments with similar economic characteristics. The fund is non-diversified.