Direxion S&P 500® DRRC IdxVolatilResShrs

The investment seeks investment results, before fees and expenses, that track the S&P 500® Dynamic Rebalancing Risk Control Index.
The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the S&P 500® Dynamic Rebalancing Risk Control Index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to respond to the volatility of the S&P 500® Index. 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
12 month yield  1.25%
Fund currency  USD
Launch Date  2012-01-11
ISIN  US25459Y7287
SEDOL  B6RMGP7
Manager 1 Name  Paul Brigandi
Fund Strategy  Large Blend
Benchmark  S&P 500 Dyn Rebal Risk Con TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-03-31
Return - 1 Month  0.79%
Return - 2 Months  5.38 %
Return - 3 Months  1.70%
Return - 6 Months  12.18 %
Return - 9 months  17.57 %
Return - 12 Months  20.73%
Annualized return 24 months  16.34 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  18.34%
Return YTD  1.70%

Charges

Initial  0.00 %
Maximum Managment Charge  0.45 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Direxion Funds
Contact Address 2  33 Whitehall St., 10th Floor
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

Price

Last Price Date  2014-04-22
Pre-tax nav  56.72
Pre-tax offer  60.20
Pre-tax bid  51.90
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.23
Price change (percentage)  0.41 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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