BRKW

BRKW aims to combine weekly income and modest enhanced exposure to the weekly price performance of BRK.B stock. The fund invests in total return swap agreements and BRK.B common stock that in aggregate will return approximately 120% of the calendar week return of BRK.B shares. Aside from providing 1.2x leveraged single-stock exposure, the fund will make weekly distribution payments to shareholders. It also invests in short-term US Treasurys and money market funds for collateral. Unlike traditional ETFs, BRKW introduces added volatility due to its lack of diversification and use of leverage. Investors should note that an investment in the fund is not an investment in the underlying stock. The strategy is subject to all potential losses if BRK.B shares depreciate. The fund may lose all of its value if BRK.B's share price decreases by 83.33% over the course of a week.