GraniteShares 2x Long Lucid Group ETF (LCDL)

Overview

The Fund is structured to pursue daily investment results aiming to deliver 2 times (200%) the daily percentage change of the common stock of Lucid Group Inc, which is traded under the NASDAQ symbol LCID. Investment in this fund carries inherent risks and there is no assurance that the Fund will achieve its stated objectives on any given day. Investors should be aware that the Fund is not designed to provide 2 times the cumulative return of the underlying stock for periods longer than one day, reflecting its focus on short-term daily returns rather than long-term performance outcomes.

Products and Services

• 2x Daily Investment Fund:

  This is the primary product offered by the Fund, designed to amplify daily returns on the stock of Lucid Group Inc. By investing in the 2x Daily Investment Fund, investors can potentially benefit from the volatility of LCID, as the fund aims to deliver double the daily performance—whether positive or negative—of the underlying asset.

• Risk Management Strategies:

  The Fund incorporates a range of risk management strategies to monitor and mitigate risks associated with leveraged investments. These strategies are crucial for protecting the fund from extreme market fluctuations, ensuring that while investors seek substantial returns, their risk exposure is managed prudently.

• Performance Tracking Tools:

  Investors are provided with access to various performance tracking tools that monitor the Fund's daily returns against the specified benchmark (LCID). These tools help investors make informed decisions based on real-time data and trends, enabling a clearer understanding of performance against set objectives.

• Regular Market Updates:

  The Fund offers regular market updates and insights to its investors, allowing them to stay informed about developments in Lucid Group Inc and broader market conditions. Keeping investors well-informed can enhance decision-making related to their investments in the fund.