The fund has adopted a policy to have at least 80% exposure to financial instruments with economic characteristics that should perform 2X the daily performance of the Underlying Security’s shares. It is expected to allocate between 40% and 60% of its assets as collateral for swap agreements or as premiums for purchased options contracts. The fund is non-diversified.
Aug 6, 2026, 7:21 AM EDT - 13 days ago
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Jun 25, 2026, 9:20 AM EDT - 7 weeks ago