The fund aims to deliver daily investment results equivalent to 200% of the daily performance of the MSCI Europe Financials Index. Typically, it commits at least 80% of its net assets (along with any borrowed capital for investment) to various financial instruments. These may include swap agreements, the underlying securities of the index, exchange-traded funds (ETFs) that follow the index, or other financial vehicles providing leveraged daily exposure to either the index itself or its tracking ETFs.