The Fund’s primary investment objective is to achieve 2 times (200%) the income generated from selling options on Micron Technology Inc.’s common stock (NASDAQ: MU) (the “Underlying Stock”) by selling options on leveraged exchange-traded funds designed to deliver 2 times (200%) the daily performance of the Underlying Stock (the “Underlying Leveraged ETF”). The Fund’s secondary investment objective is to gain exposure to the performance of the Underlying Leveraged ETF, subject to a cap on potential investment gains. A downside protection may be implemented which could affect the net income level.
The MUYY ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.