Description

This fund, ENPIX, aims to achieve daily investment returns that are one and a half times (1.5x) the daily performance of its underlying benchmark, the Dow Jones U.S. Oil & GasSM Index, before considering any fees or expenses. To accomplish this, the fund's adviser strategically invests in various financial instruments, which are expected to collectively produce daily results consistent with this objective. The aforementioned index specifically measures the performance of select companies operating within the U.S. equity market's oil and gas sector. It is important to note that this fund maintains a non-diversified portfolio.