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    Direxion Mthly China Bull 2X Inv (DXHLX)

    40.71 Up 0.36(0.89%) Dec 18

    Profile as of Nov 29, 2014Get Profile for:
    Direxion Mthly China Bull 2X Inv
    Phone: 800-851-0511
    Fund Overview 
    Category:Trading-Leveraged Equity
    Fund Family:Direxion Funds
    Net Assets:5.13M
    Year-to-Date Return:11.18%
    Morningstar Rating:1 stars
    Fund Inception Date:Dec 3, 2007
    Morningstar Style Box 
    Trading-Leveraged Equity
    [View Category Definition]
    View Top Trading-Leveraged Equity Funds
    About the Morningstar Style Box

    Style box information not available for DXHLX.

    Management Information 
    Tony Ng
    Lead Manager since Dec 3, 2007
    Ng is a Portfolio Manager and joined Rafferty in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004.
    Investment Information 
    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
    DXHLX can be purchased from 54 brokerages.

    Fund Summary 
    The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the FTSE China 50 Index. The fund, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that, in combination, provide leveraged exposure to the index. On a day-to-day basis, it may hold money market funds and/or short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles, including U.S. government securities and repurchase agreements. The fund is non-diversified.

    Fund Operations 
    Last Dividend (Dec 9, 2008) : 0.10
    Last Cap Gain : N/A
    Annual Holdings Turnover (Oct 5, 2010) : N/A
    Average for Category:365.68%
    Fees & Expenses 
    ExpenseDXHLXCategory Avg
    Annual Report Expense Ratio (net):1.35%2.03%
    Prospectus Net Expense Ratio:1.35%N/A
    Prospectus Gross Expense Ratio:1.35%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:N/A4.75%
    Max Deferred Sales Load: N/A1.00%
    3 Yr Expense Projection*:428716
    5 Yr Expense Projection*:7391,194
    10 Yr Expense Projection*:1,6242,511
    * Per $10,000 invested