Leverage Shares 2X Long GFS Daily ETF (GFSG)

The Leverage Shares 2X Long GFS Daily ETF (GFSG) is a single-stock leveraged exchange-traded fund offered by Leverage Shares. It seeks daily investment results, before fees and expenses, equal to two times (200%) the daily percentage change in the share price of GlobalFoundries Inc., the contract semiconductor manufacturer with fabs in the United States, Europe and Asia.

The fund obtains its exposure mainly through swap agreements and other derivatives referencing GlobalFoundries shares, with cash and short-term instruments as collateral. Because the leverage resets each day, the fund targets daily returns only, and performance over longer periods can differ significantly from twice the stock's return.