| Investment Objective: |
The Fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in swaps on exchange-traded products, in two complimentary asset classes, a modern digital asset class (Cryptoassets) (the Cryptoasset strategy) and a traditional asset class (precious metals) (the Precious Metals strategy). The Fund will invest at least 80% of its assets in cryptoassets and precious metals through its investments in derivatives that have either bitcoin, ether, gold or silver as their reference asset. For its 80% investment policy, the Fund will use the notional value of the cryptoasset and precious metals derivatives it holds. The Fund uses leverage to "stack" the total return of holdings in the Fund's Cryptoasset strategy together with the total returns of holdings in the Fund's Precious Metals strategy. Through its use of swaps on Underlying ETPs, the Fund seeks to have 100% exposure of its assets to each of the Cryptoasset and Precious Metals strategies. Underlying ETPs will invest in either (1) bitcoin, ether or their respective futures contracts, or (2) gold, silver or their respective futures contracts. The Fund's leveraged returns can be considered to be "2x" as its total investment exposure relative to its total assets is 200%. |
