Leverage Shares 2x Long AAOI Daily ETF

Leverage Shares 2x Long AAOI Daily ETF is a leveraged exchange-traded fund designed to deliver twice the daily performance of Applied Optoelectronics, Inc. common stock, before fees and expenses. The fund is built for active trading and uses derivatives-based exposure to provide concentrated access to a single U.S. technology hardware name. It is an actively managed, non-diversified ETF that may hold the underlying security and related financial instruments to maintain its 200% daily target. Leverage Shares 2x Long AAOI Daily ETF is used by market participants who want magnified short-term exposure to Applied Optoelectronics through a regulated ETF structure. The product’s focus is narrow by design, making it a specialized tool within the leveraged equities segment of the market.