Dow 2x Strategy Fund Investment Objectives and Goals - Class H [Member] - Dow 2x Strategy Fund |
Mar. 31, 2026 |
|---|---|
| Prospectus [Line Items] | |
| Risk/Return [Heading] | <span style="color:#000000;font-family:Arial;font-size:11.02pt;font-weight:bold;text-transform:uppercase;">Dow 2x Strategy Fund</span><span style="color:#000000;font-family:Arial;font-size:10.02pt;font-weight:bold;">IMPORTANT INFORMATION ABOUT THE FUND</span><span style="color:#000000;font-family:Arial;font-size:10.02pt;margin-left:0%;">The Dow 2x Strategy Fund (the “Fund”) is very different from most other mutual funds in that it seeks </span><span style="color:#000000;font-family:Arial;font-size:10.02pt;font-weight:bold;">daily </span><span style="color:#000000;font-family:Arial;font-size:10.02pt;font-weight:bold;margin-left:0%;">leveraged</span><span style="color:#000000;font-family:Arial;font-size:10.02pt;"> investment results. As a result, the Fund may be riskier than alternatives that do not use leverage because the performance of an investment in the Fund is magnified. </span><span style="color:#000000;font-family:Arial;font-size:10.02pt;margin-left:0%;">The effect of leverage on the Fund will generally cause the Fund’s performance to not match the performance of the Fund’s benchmark (as described below) over a period of time greater than a single trading day. This means that the return of the Fund for a period of longer than a single trading day will be the result of each day’s compounded returns over the period, which will very likely differ from twice the return of the Fund’s underlying index (as defined below) for that period. As a consequence, especially in periods of market volatility, the path or trend of the benchmark during the longer period may be at least as important to the Fund’s cumulative return for the longer period as the cumulative return of the benchmark for the relevant longer period. Further, the return for investors who invest for a period longer than a single trading day will not be the product of the return of the Fund’s stated </span><span style="color:#000000;font-family:Arial;font-size:10.02pt;">investment goal (</span><span style="color:#000000;font-family:Arial;font-size:10.02pt;font-style:italic;">i.e.</span><span style="color:#000000;font-family:Arial;font-size:10.02pt;">, 2x) and the cumulative performance of the benchmark. </span><span style="color:#000000;font-family:Arial;font-size:10.02pt;font-weight:bold;margin-left:0%;">The Fund is not suitable for all investors.</span><span style="color:#000000;font-family:Arial;font-size:10.02pt;"> The Fund should be utilized only by investors who (a) understand the </span><span style="color:#000000;font-family:Arial;font-size:10.02pt;margin-left:0%;">risks associated with the use of leverage, (b) understand the consequences of seeking daily leveraged investment results, and (c) intend to actively monitor and manage their investments. Investors who do not meet these criteria </span><span style="color:#000000;font-family:Arial;font-size:10.02pt;">should not buy shares of the Fund. An investment in the Fund is not a complete investment program.</span> |
| Objective [Heading] | <span style="color:#000000;font-family:Arial;font-size:10.02pt;font-weight:bold;">INVESTMENT OBJECTIVE</span> |
| Objective, Primary [Text Block] | The Fund seeks to provide investment results that match, before fees and expenses, the performance of a specific benchmark on a daily basis. The Fund’s current benchmark is 200% of the performance of the Dow Jones Industrial Average® (the “underlying index”). The Fund does not seek to achieve its investment objective over a period of time greater than one day. |