Description: The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the underlying stock by entering into a swap agreement on the underlying stock. It will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the fund and the financial institution will agree to exchange the return earned or realized on the underlying stock. The fund is non-diversified.
Exchange: NASDAQ
Country: US : United States of America
Currency: US Dollar ($)
Category: Trading--Leveraged Equity
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Cash | 69.03 | 0.32 | 68.71 |
Other | 199.75 | 168.46 | 31.29 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
Japan | 0.00 | 0.01 |
Australasia | 0.00 | 0.10 |
Asia Emerging | 0.00 | 3.51 |
Latin America | 0.00 | 0.28 |
North America | 0.00 | 93.44 |
Asia Developed | 0.00 | 0.89 |
United Kingdom | 0.00 | 0.24 |
Europe Emerging | 0.00 | 0.00 |
Europe Developed | 0.00 | 1.44 |
Africa/Middle East | 0.00 | 0.08 |