Qbts Daily ETF Tradr 2X Long Alab Daily ETF (LABX)

Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of ALAB. The fund will enter into one or more swap agreements 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 ALAB. The fund is non-diversified.