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The investment seeks to achieve 2 times (200%) the income generated from selling options on ether by selling options on leveraged exchange-traded funds designed to deliver 2 times (200%) the daily performance of the underlying asset; is to gain exposure to the performance underlying leveraged ETF, subject to a cap on potential investment gains is secondary consideration. The fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in derivatives contracts that utilize the underlying leveraged ETF as their reference asset. It is non-diversified.