Leverage Shares 2X Long BA Daily ETF

Frequently Asked Questions About BOEG

What does BOEG invest in?

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

What is the expense ratio of BOEG?

Leverage Shares 2X Long BA Daily ETF (BOEG) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

Is BOEG a good long-term hold?

BOEG is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does BOEG's daily reset work?

BOEG rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is BOEG?

Leverage Shares 2X Long BA Daily ETF (BOEG) manages $12.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is BOEG actively managed or an index fund?

BOEG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.