The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the BNY China Select ADR Index.
The fund creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted capitalization-weighted index designed by the BNY Mellon to track the performance of a basket of companies who have their primary equity listing on a Chinese stock exchange or that also have depositary receipts that trade on a U.S. exchange or on the NASDAQ. The fund is non-diversified.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=Direxion Funds
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=US Bancorp Fund Services, LLC
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Trading-Leveraged Equity
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=New York___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=The Bank of New York Mellon
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