| Investment Objective: |
The Tradr 2X Short LITE Daily ETF seeks daily investment results, that correspond to two times the inverse (-200%) daily performance of the common shares of Lumentum Holdings, Inc. Under normal market circumstances, the Fund will maintain at least 80% exposure to financial instruments that provide two times inverse leveraged exposure to the daily performance of LITE. The Fund is an actively-managed ETF that seeks to achieve on a daily basis, -200% performance of LITE for a single-trading day, not for any other period, by entering into one or more swaps and/or purchasing listed options on LITE and/or investing directly in the common stock of LITE. 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 LITE. If the Advisor determines to use options, the Fund may purchase a combination of exchange traded call and put options, including FLexible EXchange Options ("FLEX Options"). LITE designs, manufactures and supplies optical and photonic products with a range of cloud, artificial intelligence and machine learning ("AI/ML"), telecommunications, consumer, and industrial end-market applications. |
