| Investment Objective: |
Leverage Shares 2X Long ADBE Daily ETF seeks daily leveraged investment results and is very different from most other funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify (200%) the daily performance of the publicly-traded common stock of Adobe, Inc. (NASDAQ: ADBE). The Fund will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the Fund and the financial institution will agree to exchange the return earned or realized on an investment by the Fund in ADBE that is equal, on a daily basis, to 200% of the value of the Fund's net assets. The return of the Fund for a period longer than a trading day will be the result of each trading day's compounded return over the period, which will very likely differ from 200% of the return of ADBE for that period. Longer holding periods, higher volatility of ADBE and leverage increase the impact of compounding on an investor's returns. During periods of higher ADBE volatility, the volatility of ADBE may affect the Fund's return as much as, or more than, the return of ADBE. |
