T-REX 2X Long AXTI Daily Target ETF is an actively managed exchange-traded fund designed to seek daily investment results, before fees and expenses, that correspond to 200% of the daily performance of the common stock of AXT, Inc. The fund implements its leveraged investment architecture on a single-stock basis primarily through derivative swap agreements and options contracts, making it a short-term tactical trading instrument that requires frequent monitoring due to the compounding effects of daily rebalancing.
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