| Investment Objective: |
The Tradr 2X Long IBM Daily ETF seeks daily investment results, before fees and expenses, that correspond to two times (200%) the daily performance of the common shares of International Business Machines Corp. (IBM). The Fund is an actively-managed exchange-traded fund ("ETF"). The Fund will enter into one or more swaps with major global financial institutions whereby the Fund and the global financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on IBM. If the Advisor determines to use call options, the Fund will purchase exchange traded call options, including FLexible EXchange Options ("FLEX Options"). IBM seeks to create sustained value for its clients by helping them leverage the power of hybrid cloud and artificial intelligence ("AI"). IBM's hybrid cloud platform and AI technology support clients' digital transformations and helps them reimagine critical workflows, at scale, and modernize applications to increase agility, drive innovation and create operational efficiencies. IBM's offerings draw from leading IBM capabilities in software, consulting services, and infrastructure, all bolstered by IBM's leading research organizations. |
