Direxion Daily S&P500® Bull 3X ETF

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P 500® Index.
The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the S&P 500® Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a capitalization-weighted index composed of 500 domestic common stocks. The fund is non-diversified.

Key stats

Management firm  Direxion Funds
Domicile  United States
Fund Administrator  US Bancorp Fund Services, LLC
Global Branding Name  Direxion
Fund currency  USD
Launch Date  2008-11-05
ISIN  US25459W8626
SEDOL  B58BKL0
Manager 1 Name  Paul Brigandi
Fund Strategy  Trading-Leveraged Equity
Benchmark  S&P 500 TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  12.06%
Return - 2 Months  6.97 %
Return - 3 Months  13.42%
Return - 6 Months  25.65 %
Return - 9 months  37.13 %
Return - 12 Months  85.69%
Annualized return 24 months  70.40 %
Annualized return 36 months  59.70 %
Annualized return 48 months  56.29 %
Annualized return 60 months  44.08 %
Return 120 months  0.00 %
Annualized return since Inception  34.85%
Return YTD  27.76%

Charges

Initial  0.00 %
Maximum Managment Charge  0.75 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Direxion Funds
Contact Address 2  1301 AVENUE OF THE AMERICAS (6TH AVENUE)
Contact Address 3  NEW YORK MA 10019
Contact city  New York
Contact country  United States
Fund Admin Group  Direxion Funds
Web Address  www.direxionfunds.com
Custodian  The Bank of New York Mellon
Phone  646-572-3390

Price

Last Price Date  2014-09-26
Pre-tax nav  78.87
Pre-tax offer  81.78
Pre-tax bid  75.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $1.99
Price change (percentage)  2.59 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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