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CurrencyCode | USD |
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Exchange | NASDAQ |
Beta | None |
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Market Cap | None |
PE Ratio | None |
Target Price | None |
The fund is a passively managed etf that attempts to replicate 1.5 times (150%) the daily percentage change the underlying stock by entering into a swap agreement on the underlying stock. The adviser will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the adviser and the financial institution will agree to exchange the return earned or realized on the underlying stock. It is non-diversified.
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