| Investment Objective: |
The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Ondas Holdings Inc. (Nasdaq: ONDS). The Fund is an actively managed exchange traded fund ("ETF") that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The Fund may enter into one or more swap agreements with financial institutions for a specified period, which may range from one day to longer than a year. The Fund may also utilize listed options to seek to achieve leveraged 2X exposure to the Underlying Security. The Fund will primarily employ short-dated (a month or less) in-the-money call options (options with strike prices below the current market price of the Underlying Security, offering immediate intrinsic value). Ondas Holdings Inc. is a provider of autonomous drone and private wireless solutions through its two business units: Ondas Autonomous Systems (OAS) and Ondas Networks. |
