Leverage Shares Launches MANGOS ETF Targeting Six Tech and AI Giants

Leverage Shares by Themes has launched the actively managed Leverage Shares MANGOS ETF (MGOL) on Nasdaq, targeting six technology and AI companies: Meta, NVIDIA, Alphabet, SpaceX, OpenAI (pending IPO) and Anthropic (pending IPO). MGOL seeks capital appreciation by investing at least 80% of its assets, including investment borrowings, in securities and financial instruments linked to these companies. The strategy primarily uses derivatives, including swaps and options, alongside limited direct investments to gain exposure. MGOL carries an expense ratio of 0.99% and expands Leverage Shares' U.S. ETF lineup with a concentrated strategy spanning artificial intelligence, semiconductors, social media and space technology.