Leverage Shares 2X Short SPCX Daily ETF (SSPC)

The fund is an actively managed ETF. It invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide -200% daily inverse leveraged exposure to the price of the Underlying Security, on a daily basis, consistent with the fund’s investment objective. The fund is non-diversified.