ABOUT THIS FUND
BERZ aims to deliver a daily leveraged inverse return, specifically -3 times the performance of an index comprising FANG and other qualifying technology firms. This underlying index consistently includes eight foundational companies: Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla. Additionally, seven other companies are chosen following a specific selection process. To be considered for inclusion, a company must trade on a U.S. exchange, belong to the technology sector, and possess a market capitalization of at least $10 billion. The selection methodology begins by ranking eligible securities based on their market capitalization. The 30 largest are then further assessed by their average daily trading value over the past year. From this group, the top seven are chosen to complete the index alongside the eight core holdings, and all 15 constituents are equally weighted. The index undergoes monthly rebalancing and quarterly reconstitution. Given its nature as a daily resetting, -3x inverse leveraged product, BERZ is unsuitable for long-term investment strategies. Its returns are designed to reflect the inverse index performance over a single day, and it should not be anticipated to deliver that leveraged return over periods exceeding one day.
