Tradr 2X Long RGTI Daily ETF (RGTU)

Overview

The Tradr 2X Long RGTI Daily ETF is a specialized leveraged exchange-traded fund specifically crafted to yield two times (200%) the daily performance of Rigetti Computing Inc. This innovative investment vehicle primarily targets investors engaged in the U.S. semiconductor and quantum computing sectors. Operating as a leveraged single-stock ETF, it presents an opportunity for sophisticated investors and professional traders to obtain heightened exposure to the daily fluctuations of Rigetti Computing shares, all while eliminating the need for traditional margin or options strategies.

To achieve its leveraged objectives, the ETF primarily engages in total return swap agreements with major global financial institutions that closely reflect the daily returns of Rigetti. In instances where swaps become less viable or efficient, the fund may resort to FLEX call options or even hold Rigetti stock directly. Typically, any remaining cash within the portfolio is allocated to collateral instruments such as U.S. Treasuries or money market funds. Designed for active management, this ETF functions as a short-term tactical tool, catering to traders seeking to express strong, high-conviction views on Rigetti’s stock performance. Given the compounding effects of daily leverage, it is predominantly intended for short-term trading rather than long-term holding, as the magnified returns and associated risks can diverge significantly from the underlying stock over extended periods.

Products and Services

• Leveraged Exchange-Traded Fund (ETF)

  The core offering of the Tradr 2X Long RGTI Daily ETF is its ability to provide leveraged exposure, aiming to replicate 200% of the daily performance of Rigetti Computing Inc. This is ideal for traders looking to amplify their exposure to a high-growth tech company without engaging in complex margin or options trading.

• Total Return Swap Agreements

  The ETF utilizes total return swap agreements with leading global financial institutions to effectively mirror the daily returns of Rigetti. These agreements allow the fund to maintain its leveraged position while efficiently managing risk, particularly during periods of market volatility.

• FLEX Call Options

  In situations where total return swaps are inadequate or inefficient, the fund has the option to employ FLEX call options. This financial instrument allows it to gain exposure to Rigetti shares while managing potential market risks associated with direct stock holdings.

• Direct Stock Holdings

  The ETF may also choose to hold shares of Rigetti directly as part of its strategy to achieve the desired investment outcomes, ensuring flexibility in its approach to tracking the performance of the underlying asset.

• Collateral Instruments

  Remaining cash within the ETF is typically invested in collateral instruments such as U.S. Treasuries or money market funds. This strategy provides stability and liquidity, helping to mitigate risks linked to leveraged trading.

• Active Management

  The Tradr 2X Long RGTI Daily ETF is actively managed, allowing portfolio managers to make tactical adjustments in response to market conditions and Rigetti’s stock performance. This proactive management approach is tailored for short-term traders aiming to capitalize on transient market opportunities.