The aim is for your investment to reflect the performance of the
S&P 500 2x Inverse Daily Index (Index) which provides two times
the opposite performance of the S&P 500 Index (Underlying
Index) on a daily basis plus a rate of interest. This means that the
level of the Index should rise at double the rate the Underlying
Index falls and fall at double the rate the Underlying Index rises.
The interest rate added to the Index level is based on three times
the rate at which banks in London lend US dollars to each other