Tradr 2X Long IBM Daily ETF is an actively managed exchange-traded fund that seeks to provide 200% of the daily performance of the common shares of International Business Machines Corp., before fees and expenses. Designed as a short-term trading instrument for sophisticated investors, the fund employs financial derivatives to magnify the daily price movements of a single reference equity, requiring active monitoring due to the compounding effects of leverage over periods longer than one trading day.
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