Tuttle Capital Daily 2X Inverse Regional Banks ETF
Investment Objective: The Fund seeks daily investment results, before fees and expenses, of 200% of the inverse (or opposite) of the daily performance of the KRE ETF. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day.
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Principal Investment Strategies
The Fund, under normal circumstances, invests in swap agreements that provide 200% inverse (opposite) daily exposure to KRE ETF equal to at least 80% of the Fund’s net assets (plus any borrowings for investment purposes). The Fund seeks daily leveraged inverse investment results and is very different from most other exchange-traded funds and presents different and greater risks. As a result, the Fund will be riskier than alternatives that do not use leverage because the Fund’s objective is to inversely magnify (-200%) the daily performance of the KRE ETF.
At a Glance...
Performance
As of:
July 25, 2024
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