Industry description
The investment seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Velo3D, Inc. (Nasdaq: VELO).
The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. It is non-diversified.