Business Description
This fund seeks to deliver twice the daily inverse performance of an S&P Dow Jones index tracking U.S. energy companies, primarily those involved in oil, gas, and related equipment and services. It achieves this by placing at least 80% of its net assets into financial instruments that move in the opposite direction of the index, meaning it is designed to profit when energy stocks fall. Investors should note that this is a concentrated, non-diversified fund intended for short-term use.
