What does Tradr 2X Long ASTS Daily ETF invest in?▾
ASTX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of AST SpaceMobile, Inc. (ASTS), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror ASTSs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold ASTS stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual stock...
