
Asset Management - Leveraged | Financial Services | US
This Fund aims to deliver daily returns that, before factoring in fees and expenses, are two times (200%) the daily percentage fluctuation of NVIDIA Corp's (NASDAQ: NVDA) common stock. There is no certainty, however, that the Fund will always meet this specific goal. Furthermore, investors should not expect the Fund to provide double the total accumulated return of NVDA for any timeframe extending beyond a single day.
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The GraniteShares 2x Long NVDA Daily ETF (NVDL) seeks daily returns that are two times (200%) the daily percentage change of NVIDIA Corp (NVDA) common stock, before fees and expenses. There is no guarantee this daily objective will be met. Investors should not expect NVDL to deliver double the accumulated return of NVDA over periods longer than one day.
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