The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the MSCI Korea 25/50 Index.
The fund invests at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of South Korea. The fund is non-diversified.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=Direxion Funds
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 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=U.S. Bancorp Fund Services, LLC
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Trading-Inverse Equity
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
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