| Investment Objective: |
The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Solactive United States Uranium and Nuclear Energy ETF Select Index (the "Index"). The Index is designed by Solactive AG (the "Index Provider") to track the performance of U.S.-listed exchange-traded funds ("ETFs") with a focus on uranium and nuclear energy. The Index Provider defines ETFs focused on uranium and nuclear energy as the Global X Uranium ETF ("URA") and the Sprott Uranium Miners ETF ("URNM") (the "Core Components"). URA tracks the performance of the Solactive Global Uranium & Nuclear Components Total Return Index, which includes domestic and international companies that are engaged in uranium mining, exploration for uranium, technologies related to the uranium industry and the production of nuclear components. The Fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, securities of the Index, and exchange-traded funds ("ETFs") that track the Index, that, in combination, provide 2X daily leveraged exposure to the Index, consistent with the Fund's investment objective. |
