| Investment Objective: |
The Tradr 2X Long OPEN Daily ETF (the "Fund") seeks daily 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 (200%) the daily performance of the common shares of Opendoor Technologies Inc. (NASDAQ: OPEN) ("OPEN"). The return for investors that invest for periods longer or shorter than a trading day should not be expected to be 200% of the performance of OPEN for the period. The return of the Fund for a period longer than a trading day will be the result of each trading day's compounded return over the period, which will very likely differ from 200% of the return of OPEN for that period. Longer holding periods, higher volatility of OPEN and leverage increase the impact of compounding on an investor's returns. During periods of higher OPEN volatility, the volatility of OPEN may affect the Fund's return as much as, or more than, the return of OPEN. |
