| Investment Objective: |
The Corgi JOBY 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 Joby Aviation, Inc. (NYSE: JOBY) (the "Underlying Security"). To pursue its 2x Daily Objective, the Fund expects to obtain most of its exposure through derivatives, including total return swaps on the Underlying Security, and may also use exchange-traded equity futures and other equity-linked instruments. The Fund will generally rebalance its exposure each trading day in order to seek to maintain approximately two times (2x) the daily performance of the Underlying Security. Joby Aviation, Inc. (NYSE: JOBY) ("Joby") is a United States-based aviation company developing electric vertical takeoff and landing (eVTOL) aircraft and air taxi services. The company is focused on commercializing aerial ridesharing and related aviation technologies. Joby is headquartered in Santa Cruz, California, United States. |
