Direxion Mthly Dollar Bear 2X Inv
Direxion Funds 33 Whitehall St., 10th Floor
Map
Phone: 800-851-0511
| Category: | Bear Market | | Fund Family: | Direxion Funds | | Net Assets: | 17.30M | | Year-to-Date Return: | 19.47% | | Yield: | 0.00% | | Morningstar Rating: | N/A | | Fund Inception Date: | 13-Jun-06 |
|
Paul Brigandi
Lead Manager since
05-May-06 | | | Brigandi has been a portfolio manager at Rafferty Asset Management since June 2004. He was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. |
| Min Initial Investment: | $25,000 | | Min Initial Investment, IRA: | $25,000 | | Min Initial Investment, AIP: | $25,000 | | Min Subsequent Investment: | $500 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $500 |
|
| |
| The investment seeks monthly investment results, before fees and expenses, of 200% of the inverse of the price performance of the U.S. Dollar index. The fund normally invests at least 80% of assets in financial instruments that, in combination, provide leveraged exposure to the U.S. Dollar index. It creates short positions. The fund may invest in foreign currency debt instruments, forward contracts on foreign currencies, currency futures contracts, options on currency futures contracts, swap agreements, options on currencies and foreign currencies directly. It is nondiversified. |
| Last Dividend
(19-Dec-07):
| 0.26 | | Last Cap Gain
(19-Dec-07):
| 1.44 | | Annual Holdings Turnover
| .00% | | Average for Category:
| 432.95% |
|
| Expense | DXDDX | Category
Avg | | Total Expense Ratio: | %
| 1.99% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.80% | | Max Deferred Sales Load: | %
| 1.21% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $789 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,290 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $2,652 |
|
|
1.27% Nasdaq 
Profile
