The exchange-traded fund (ETF) seeks to generate returns equal to twice the opposite of FRUT ETF's daily performance and is intended for investors who actively monitor leveraged positions.
Yorkville America has launched the Yorkville America 2X Inverse Mangos Plus Daily Target ETF (MNGB). MNGB obtains its exposure primarily through swap agreements and may also use put options The ETF, which started trading on 21 September, is designed to deliver daily investment results, before fees and expenses, equal to -200% of the daily performance of the Yorkville America MANGOS Plus ETF (FRUT). Yorkville America Equities reported that MNGB obtains its exposure primarily through swap agr