| Investment Objective: |
The CRDO 2x Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the publicly-traded common stock of Credo Technology Group Holding Ltd. (NASDAQ: CRDO) ("Credo" or the "Underlying Security"). The Fund is an actively managed exchange-traded fund that, under ordinary market conditions, seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of Credo Technology Group Holding Ltd. ("Credo"). Under normal circumstances, the Fund will invest at least 80% of the value of its net assets, plus any borrowings for investment purposes, in financial instruments (for example, swaps and futures) that, in the aggregate, provide leveraged exposure to the Underlying Security equal to approximately two times its daily performance. Credo Technology Group Holding Ltd. (NASDAQ: CRDO) ("Credo") is a Cayman Islands-based semiconductor company that develops high-speed connectivity solutions for data center and enterprise networking markets. |
