| Investment Objective: |
The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of AXON. The Fund may also seek to achieve its investment objective by purchasing call options on AXON or by investing directly in the common stock of AXON. The Adviser will determine the allocation of the Fund's investments in swap agreements, call options and direct investments in AXON common stock based upon various factors including, but not limited to, counterparty capacity, financing charges, liquidity, collateral availability, and overall market conditions for a particular instrument. If the Adviser determines to use call options, the Fund will purchase exchange traded call options, including "FLEX Options." Axon Enterprise, Inc. is an American company based in Scottsdale, Arizona, that develops technology and weapons products for military, law enforcement, and civilians. |
