| Investment Objective: |
The Tradr 2X Long JOBY Daily ETF seeks daily investment results, before fees and expenses, that correspond to two times (200%) the daily performance of the common shares of Joby Aviation, Inc. The Fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of JOBY. This may include JOBY stock in addition to financial instruments discussed below. The Fund is an actively-managed ETF that seeks to achieve on a daily basis, before fees and expenses, 200% performance of JOBY for a single day, not for any other period, by entering into one or more swaps and/or purchasing listed options on JOBY and/or investing directly in the common stock of JOBY. If the Advisor determines to use call options, the Fund will purchase exchange traded call options, including FLexible EXchange Options. Additionally, the Fund may use other option strategies to produce similar exposure to JOBY, like buying calls and selling puts with identical strike prices. JOBY is developing an all-electric, vertical take-off and landing ("eVTOL") air taxi and JOBY intends to operate its eVTOL taxis in cities around the world. |
