Business Description
This fund takes the opposite side of an index that tracks U.S. companies involved in artificial intelligence and big data. In practical terms, when those companies lose value, the fund is designed to gain, and when they rise, the fund is designed to lose. At least 80% of the fund's assets are held in financial instruments built to deliver this inverse daily result. Investors should note that the fund concentrates its exposure rather than spreading risk across many different holdings.