Direxion Zacks MLP High Income ETF

The investment seeks investment results, before fees and expenses, that track the price and yield performance of the Zacks MLP Index.
The fund, under normal circumstances, invests at least 80% of its net assets in the securities that comprise the Zacks MLP Index (the "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 comprised of approximately 25 securities selected, based on investment and other criteria, from a universe of master limited partnerships ("MLPs") listed on domestic exchanges. 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  2014-01-23
ISIN  US25459Y2981
Manager 1 Name  Paul Brigandi
Fund Strategy  Energy Limited Partnership
Benchmark  Zacks MLP TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  3.78%
Return - 2 Months  2.05 %
Return - 3 Months  4.74%
Return - 6 Months  13.71 %
Return - 9 months  0.00 %
Return - 12 Months  0.00%
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  12.03%
Return YTD  0.00%

Charges

Initial  0.00 %
Maximum Managment Charge  0.60 %
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  U.S. Bank N.A
Phone  646-572-3390

Price

Last Price Date  2014-09-26
Pre-tax nav  41.66
Pre-tax offer  41.89
Pre-tax bid  39.25
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.31
Price change (percentage)  0.75 %
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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