NVDQ NVDQ In 6 months Estimated | Annual | $0.15 Per Share |
NVDQ NVDQ 5 months ago Paid | Annual | $0.15 Per Share |
NVDQ NVDQ 26 Dec 2023 Paid | Other | $6.52 Per Share |
NVDQ NVDQ In 6 months Estimated | Annual | $0.15 Per Share |
NVDQ NVDQ 5 months ago Paid | Annual | $0.15 Per Share |
NVDQ NVDQ 26 Dec 2023 Paid | Other | $6.52 Per Share |
BATS Exchange | United States Country |
This fund is designed for investors looking for an investment tool that inversely tracks the performance of NVIDIA Corporation (NVDA). Specifically, it offers 200% inverse exposure to NVDA on a daily basis. By investing primarily in swap agreements, the fund aims to achieve returns that are double the opposite of NVDA’s daily performance. These swap agreements are arranged with major global financial institutions, which allow for the exchange of returns based on -200% of the fund’s net assets value correlated with NVDA’s performance. It's worth noting that this fund is non-diversified, meaning it does not spread its investments across a wide range of assets, which could result in greater volatility.
The fund primarily invests in swap agreements with major global financial institutions. These agreements are designed to provide the fund with 200% inverse daily exposure to NVDA’s performance. Essentially, these agreements aim to deliver double the opposite of NVDA’s daily return relative to the fund's net assets.