ABOUT THIS FUND
EO seeks to deliver 200% of the daily performance of Eos Energy Enterprises, Inc. (NASDAQ: EOSE), through derivatives such as swap agreements and exchange-traded equity futures to create leveraged exposure. EOSE designs, manufactures, and deploys battery storage solutions for the electricity industry. It offers the Eos Znyth DC battery system product which designs to meet the requirements of the grid-scale energy storage market. The portfolio is rebalanced at the end of each trading day to maintain its targeted leverage level, meaning returns over periods longer than a single day can differ significantly from two times the cumulative return of EOSE due to compounding effects. Collateral supporting these derivative positions may be invested in money market instruments, repurchase agreements, or short-term US government securities.