To achieve investment objective, the Fund will maintain at least 80 percent exposure to financial instruments that provide two times leveraged exposure to the daily performance of TSEM. This may include TSEM stock in addition to financial instruments discussed below. The Fund is an actively-managed ETF that seeks to achieve on a daily basis, before fees and expenses, 200 percent performance of TSEM for a single-trading day, not for any other period, by entering into one or more swaps and purchasing listed options on TSEM and investing directly in the common stock of TSEM.