Under typical market conditions, this fund commits at least 80% of its net assets to various financial instruments. These tools, which include derivative agreements like swaps, exchange-traded funds (ETFs) that mirror the benchmark, and direct investments in the index's underlying securities, are specifically designed to provide daily amplified (leveraged) exposure to either the target index or its tracking ETFs. The benchmark itself is an equity index that weights its constituents based on their float-adjusted market capitalization, comprising companies from five significant Latin American nations: Brazil, Chile, Colombia, Mexico, and Peru.
