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Direxion Daily Real Estate Bear 3X Shrs (DRV)

-NYSEArca
35.68 Up 0.74(2.12%) 4:00PM EDT
Profile as of Jun 29, 2014Get Profile for:
Direxion Daily Real Estate Bear 3X Shrs

Phone: 866-476-7523
Fund Overview 
Category: Trading-Inverse Equity
Fund Family: Direxion Funds
Net Assets:11.58M
Yield:0.00%
Fund Inception Date:Jul 16, 2009
Legal Type:Exchange Traded Fund
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Morningstar Style Box 
Trading-Inverse Equity
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Fund Summary 
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.

Fund Operations 
 DRVCategory Avg
Annual Report Expense Ratio (net)0.95%N/A
Annual Holdings TurnoverNaNN/A
Total Net AssetsNaNN/A
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