Tradr 2X Long CLSK Daily ETF (CLSX)

Qué hace este fondo

CLSX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of Cleanspark, Inc. (CLSK), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror CLSKs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold CLSK stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. The remaining cash is invested in collaterals such as US Treasuries, money market funds, or short-term corporate debt.