The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to NFLX equal to at least 80% of its net assets (plus any borrowings for investment purposes). It may also seek to achieve its investment objective by purchasing call options on NFLX or by investing directly in the common stock of NFLX. The fund is non-diversified.
Sep 27, 2024, 8:00 AM EDT - 1 year ago