| BATS Exchange | US Country |
The Fund aims to achieve investment results that reflect two times (200%) the daily percentage change in the share price of Ondas Holdings Inc. (Nasdaq: ONDS). It is designed for investors seeking leveraged exposure to the performance of this specific stock. To meet its investment objective, the Fund operates on a daily basis, meaning it focuses exclusively on short-term trading strategies and does not account for longer-term performance trends. Investors should be aware that this approach is geared towards those looking for aggressive short-term investment opportunities.
This product seeks to deliver investment results that are double (200%) the daily changes in share price of Ondas Holdings Inc. As such, it is structured for investors seeking a higher risk-reward scenario, as it closely tracks the daily movements of the stock to amplify them.
The Fund employs a strategy centered on daily trading, aiming to capitalize on short-term fluctuations in the stock market. This approach is particularly beneficial for investors looking to make quick trades based on market sentiment or news that could impact Ondas Holdings Inc. over the course of the trading day.
By targeting a single stock, Ondas Holdings Inc., the Fund allows investors to gain concentrated exposure to a specific sector, which may be appealing for those who believe strongly in the company's potential. This level of focus can lead to significant returns, but it also involves higher risks due to the lack of diversification.
The Fund is rebalanced daily to maintain its objective of achieving a 200% return of the daily percentage change. This process ensures that leverage is positioned appropriately to align with the intended investment strategy, which may involve adjusting holdings based on the day’s market movements.
This Fund is suited for experienced investors who understand the implications of leveraged trading. It typically appeals to those willing to accept higher volatility and risk in pursuit of substantial short-term gains, and it requires active monitoring of market conditions.