T-Rex 2X Long Tesla Daily Target (TSLT)

Overview

This financial entity is dedicated to providing its investors with leveraged exposure to Tesla Inc. (TSLA), one of the pioneering companies in the electric vehicle industry. By primarily investing in swap agreements, the fund aims to offer twice the daily performance of TSLA, accounting for at least 80% of its net assets, in addition to any borrowings for investment purposes. These swap agreements are arranged with major global financial institutions, enabling the exchange of returns that mirror 200% of the fund's net assets on a daily basis, pivoted around the performance of TSLA. It's important to note that this fund adopts a non-diversified investment strategy.

Products and Services

• Swap Agreements

The fund's cornerstone product involves engaging in swap agreements with significant global financial institutions. These agreements are designed to exchange returns based on the daily performance of Tesla Inc. (TSLA) shares, equal to twice the value of the fund’s net assets. This innovative financial product seeks to amplify the investment outcomes, providing investors with a higher return potential linked to the success and volatility of TSLA. The fund commits to ensuring that these swap agreements form the majority of its investment portfolio, adhering to a strategy that concentrates on achieving 200% daily exposure to TSLA, which is facilitated through the fund's net assets and potential borrowings for investment objectives.