Business Description
This fund is designed to move in the opposite direction of the Invesco QQQ Trust over each calendar month. It is actively managed and uses swap agreements to target a return of -100% of the QQQ Trust's monthly performance, before fees and expenses. At least 80% of the fund's holdings will be dedicated to this inverse exposure under normal market conditions. Investors should note that this inverse relationship is intended only on a monthly basis, not over shorter or longer periods.
