Leverage Shares 2X Long ENTG Daily ETF(CBOE:ENTL)

ENTL is designed to make bullish bets on the stock price of Entegris, Inc. (NASDAQ: ENTG) through derivatives investments such as options and swap agreements. Entegris, Inc. engages in the development, manufacture, and supply of specialty materials used in the manufacturing of semiconductors and other high-technology products. It operates through the Materials Solutions (MS) and Advanced Purity Solutions (APS) segments, which include specialty chemicals, filtration systems, wafer-handling products, and contamination control solutions that aid the semiconductor industry. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to adjust to ENTG's daily price movements. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. The fund could potentially lose money over time, even if ENTG's performance strengthens.