This financial product is designed to replicate the daily movements of the VelocityShares Daily 4X Long USD vs. AUD Index. The index itself is engineered to deliver a fourfold leveraged return, adjusted daily, based on fluctuations in the immediate exchange rate between the U.S. dollar and a foreign currency. It essentially establishes a "long" position in one currency (referred to as the "long currency") relative to its counterpart (the "reference currency") within the pair. Furthermore, this fund maintains a non-diversified asset allocation.