This investment product, designated as UCOM, aims to deliver daily returns that are three times (3x) the daily fluctuations of the S&P Communication Services Select Sector Index, calculated before any associated fees and charges. Its portfolio is primarily constructed from equity securities, various derivative instruments, and money market instruments. The fund's strategy involves concentrating its assets within particular industries, groups of industries, countries, or regions to a degree that closely matches the concentration profile of its benchmark index.