
Asset Management - Leveraged | Financial Services | US
This fund's core strategy dictates that at least 80% of its net assets, combined with any borrowed capital utilized for investment, will be deployed into financial instruments. These instruments are specifically engineered to deliver daily investment outcomes that are two times the inverse (or opposite) of the underlying benchmark's daily performance. For the purpose of assessing compliance with this 80% allocation policy, derivative holdings are calculated based on their full notional value. Investors should also note that the fund operates as a non-diversified investment vehicle.
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QBTZ is an actively managed ETF that seeks daily investment results corresponding to 2x the inverse of the QBTS ETF's daily performance. The fund invests at least 80% of its net assets, plus borrowings for investment purposes, in financial instruments designed to achieve this objective. Derivative holdings are calculated based on their full notional value for compliance. QBTZ operates as a non-diversified investment vehicle.
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