| Investment Objective: |
The Leverage Shares 2x Long CIEN Daily ETF (CIEG) is a 2x Daily Leveraged (Bull) ETF designed for active traders seeking to magnify short-term results. The Fund is an actively managed ETF. The Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of the Underlying Security, on a daily basis, consistent with the Fund's investment objective. Depending on market conditions, market liquidity and operational constraints, the Fund may obtain leveraged long exposure to the Underlying Security by purchasing deep in-the-money call option contracts or by entering into option combinations designed to replicate long 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. Ciena Corporation provides networking systems, software, and services that enable high-speed data transmission over optical and packet-based networks. |
