Tradr 2X Long ON Daily ETF seeks daily investment results, before fees and expenses, that correspond to two times (200%) the daily performance of the common shares of ON Semiconductor Corporation (Nasdaq: ON). The Fund is an actively managed single-stock leveraged product intended for short-term tactical trading that achieves its magnified exposure through derivative instruments, primarily total return swap agreements and option contracts backed by cash equivalents and short-term debt obligations.
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