Investment Managers Series Trust II - Tradr 2X Long MRAM Daily ETF

Investment Managers Series Trust II - Tradr 2X Long MRAM Daily ETF

MRAX
Investment Managers Series Trust II - Tradr 2X Long MRAM Daily ETFundefined flagChicago Board Options Exchange
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Capital Structure

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Business
Investment Managers Series Trust II – Tradr 2X Long MRAM Daily ETF is a U.S.-domiciled, actively managed exchange-traded fund that seeks daily investment results, before fees and expenses, of 200% of the daily performance of Everspin Technologies, Inc. common stock (Nasdaq: MRAM). The Fund provides leveraged long exposure to Everspin, a semiconductor company, and is designed primarily as a short-term tactical trading vehicle for sophisticated investors and professional traders seeking to express high-conviction views on the issuer. The Fund pursues its objective through investments in financial instruments, including derivatives such as total-return swaps and options, that are intended to provide leveraged exposure to MRAM; it does not seek to deliver its stated multiple over periods longer than one trading day. Shares trade on the Cboe under the ticker MRAX. The Fund is part of Investment Managers Series Trust II, is managed by AXS Investments LLC and marketed under the Tradr ETFs brand; it is domiciled in the United States and was formed in August 2026. The Fund’s principal product is a single-stock, 2x daily leveraged ETF linked to Everspin Technologies, with the objective of magnifying both gains and losses in MRAM’s daily performance. In August 2026, Tradr ETFs launched MRAX alongside the Tradr 2X Long SITM Daily ETF and Tradr 2X Long UMC Daily ETF, expanding its semiconductor-focused leveraged ETF offering and its overall lineup to 75 leveraged ETFs; MRAX was introduced as a first-to-market leveraged ETF providing exposure to Everspin Technologies.