AVGG — Leverage Shares 2X Long AVGO Daily ETF ☆

Leverage Shares 2X Long AVGO Daily ETF is an actively managed leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the price of Broadcom Inc. (AVGO) common stock. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments that, in combination, provide 200% daily leveraged exposure to the price of AVGO common stock. The fund rebalances daily to maintain its target leverage ratio and is designed for sophisticated investors pursuing short-term trading strategies, since daily rebalancing can cause returns to diverge significantly from the underlying stock's performance over longer holding periods.