| BATS Exchange | US Country |
The fund is specially designed to target a specific daily percentage change with a clear focus on achieving this goal within a single trading day. The unique approach is aimed at capturing market movements from the close of regular trading on one day to the market close on the following trading day. With an emphasis on short-term performance, the fund operates without the diversification typical of many investment vehicles, allowing for concentrated exposure to particular market movements and strategies that are anticipated to yield favorable daily returns.
This product aims to achieve a specified daily percentage change, adhering strictly to the timeline from one trading day's market close to the next. The fund is centered around achieving performance objectives within this narrow frame, thus catering to investors looking to capitalize on short-term market fluctuations.
The fund's non-diversified nature means it invests in a more concentrated portfolio, thus exposing investors to particular sectors or securities where the fund manager identifies short-term opportunities. This strategy is tailored for those who understand the inherent risks involved with non-diversification but are seeking potentially higher returns through concentrated risk exposure.