Direxion Daily Japan Bull 3X Shares

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Japan Index.
The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the MSCI Japan Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is designed to measure the performance of the large and mid cap segments of the Japan equity market, covering approximately 85% of the free float-adjusted market capitalization in Japan. The fund is non-diversified.

Key stats

Management firm  Direxion Funds
Domicile  United States
Fund Administrator  U.S. Bancorp Fund Services, LLC
Global Branding Name  Direxion
Fund currency  USD
Launch Date  2013-06-26
ISIN  US25459Y4136
Manager 1 Name  Paul Brigandi
Fund Strategy  Trading-Leveraged Equity
Benchmark  MSCI Daily TR Net Japan USD NR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  14.21%
Return - 2 Months  29.61 %
Return - 3 Months  20.09%
Return - 6 Months  -4.84 %
Return - 9 months  0.47 %
Return - 12 Months  16.09%
Annualized return 24 months  0.00 %
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  27.27%
Return YTD  -4.84%

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  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  2014-07-23
Pre-tax nav  51.32
Pre-tax offer  57.32
Pre-tax bid  43.96
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.13
Price change (percentage)  0.25 %
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

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