| Investment Objective: |
The Fund seeks to achieve its investment objective through managed exposure to ether futures contracts ("Ether Futures Contracts") and investments in U.S. Treasury securities. Under normal market conditions, the Fund will invest at least 80% of its assets in Ether Futures Contracts and U.S. Treasury securities. The Fund utilizes a "long-flat" trend-following investing strategy pursuant to which the Adviser rotates the Fund's exposure between 100% exposure to Ether Futures Contracts and 100% exposure to U.S. Treasury securities. A long-flat strategy, like the one utilized by the Fund, takes a long position when a trend is detected, seeking to take advantage of an anticipated increase in an asset's value. Even during periods when the Fund has 100% notional exposure to Ether Futures Contracts, it will still invest up to 75% of its remaining assets in U.S. Treasuries, other U.S. government obligations, money market funds, cash and cash like equivalents to provide liquidity, serve as margin or collateralize the Fund's investments in Ether Futures Contracts. |
