Yorkville America 2X Inverse MANGOS Plus Daily Target ETF (MNGB)

Yorkville America 2X Inverse MANGOS Plus Daily Target ETF is a leveraged inverse fund sponsored by Yorkville America. It seeks daily investment results equal to two times the inverse (-2x) of the daily performance of a basket of large technology-related companies grouped under the MANGOS Plus label.

The fund targets returns for a single day only, typically using swaps and other derivatives to obtain its short exposure. Because the leverage resets daily, performance over periods longer than one day can differ significantly from -2x the cumulative return of the underlying basket. Shares trade on NYSE Arca.