| Investment Objective: |
Corgi LITE 2x Daily ETF 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 Lumentum Holdings Inc. ("Lumentum"). 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. 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. Lumentum Holdings Inc. (NASDAQ: LITE) ("Lumentum") is a United States-based technology company engaged in the design and manufacture of optical and photonic products used in communications networking, cloud and data center, and industrial applications. Lumentum operates globally and is headquartered in San Jose, California, United States. |
