| Investment Objective: |
The Fund is an exchange traded fund ("ETF") that seeks daily levered investment results, before fees and expenses, of two times (200%) of the daily percentage change in the price of the common stock of AAOI. The Fund is an actively managed ETF. The Fund seeks to achieve its investment objective through the use of derivative instruments, including swap agreements and options contracts, as well as, to a lesser extent, direct investments in the Underlying Security. Themes Management Company, LLC (the "Adviser") attempts to consistently apply leveraged exposure to obtain long exposure to the Underlying Security equal to 200% of the Fund's net assets and expects to rebalance the Fund's holdings daily to maintain such exposure. As part of its investment strategy, the Fund may invest in a combination of standardized exchange-traded and FLexible EXchange ("FLEX") call and put options contracts based on the value of the price returns of the Underlying Security. Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products used in data center, telecommunications, and cable television networks. |
