SKRE

ABOUT THIS FUND

Under normal circumstances, this fund allocates a minimum of 80% of its net assets (including any capital borrowed for investment purposes) to swap agreements. These agreements are engineered to deliver twice the inverse (opposite) daily performance of TSLA. The fund manager's objective is to achieve daily leveraged inverse investment results. Consequently, this fund operates very differently from typical exchange-traded funds and carries unique and elevated risks. Furthermore, its investment portfolio is not diversified.