| Investment Objective: |
The Tradr 1.5X Short NVDA Daily ETF (the "Fund" or "NVDA Daily ETF") seeks daily inverse leveraged investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify the inverse (-150%) daily performance of the common shares of NVIDIA Corporation (NASDAQ NVDA) ("NVDA"). The return for investors that invest for periods longer or shorter than a single trading day should not be expected to be -150% of the performance of NVDA for the period. The return of the Fund for a period longer than a single trading day will be the result of each trading day's compounded return over the period, which will very likely differ from -150% of the return of NVDA for that period. Longer holding periods, higher volatility of NVDA and leverage increase the impact of compounding on an investor's returns. During periods of higher NVDA volatility, the volatility of NVDA may affect the Fund's return as much as, or more than, the return of NVDA. |
