Under normal market conditions, the Fund will invest substantially all of its assets in Flexible Exchange Options (FLEX Options) that reference the price performance of the Invesco QQQ Trust, Series 1 (the Underlying ETF). FLEX Options are customized equity or index option contracts that trade on an exchange but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates. The Underlying ETF is an exchange-traded unit investment trust that uses a full replication strategy, meaning it invests in all of the stocks in the Nasdaq-100 Index.