SKRE – Tuttle Cptl Dl 2X Invrs Rgnl Banks ETF – ETF Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks daily investment results, before fees and expenses, of 200% of the inverse (or opposite) of the daily performance of the KRE ETF. The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% inverse (opposite) exposure to the price performance of the KRE ETF on a daily basis. The fund advisor seeks daily leveraged inverse investment results and the fund is very different from most other exchange-traded funds and presents different and greater risks. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	ETF	Open	—	—	Jan 3, 2024	$5.45M	0.750%	—	—	$990,113.52

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