The investment seeks to provide a monthly compounded 2x leveraged long exposure to the price return version of the Alerian MLP Index (the âindexâ). The index measures the performance of leading energy Master Limited Partnerships, or MLPs (the âindex constituentsâ), as selected and ranked by the index Sponsor in accordance with the index methodology. The index constituents represent approximately 85% of total energy MLP float-adjusted market capitalization.
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