Direxion Mthly Small Cap Bull 2X
Direxion Funds33 Whitehall St., 10th Floor
Map
Phone: 800-851-0511
| Category: | Small Blend | | Fund Family: | Direxion Funds | | Net Assets: | 9.79M | | Year-to-Date Return: | 14.71% | | Yield: | 0.00% | | Morningstar Rating: |  | | Fund Inception Date: | Feb 21, 1999 |
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Paul Brigandi
Lead Manager since Dec 30, 2004 | | | 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 |
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| The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the Russell 2000® 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 and unleveraged exposure to the index with the fund creating long positions. On a day-to-day basis, the fund may hold short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles. The fund is non-diversified. |
| Last Dividend
(Aug 18, 2008)
:
| 0.35 | | Last Cap Gain
:
| N/A | | Annual Holdings Turnover
(Oct 5, 2010)
:
| 0.00% | | Average for Category: | 53.37% |
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| Expense | DXRLX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.90% | 1.32% | | Prospectus Net Expense Ratio: | 1.90% | N/A | | Prospectus Gross Expense Ratio: | 1.90% | N/A | | Max 12b1 Fee: | 0.25% | N/A | | Max Front End Sales Load: | N/A | 5.31% | | Max Deferred Sales Load:
| N/A | 2.26% | | 3 Yr Expense Projection*: | 597 | 612 | | 5 Yr Expense Projection*: | 1,026 | 988 | | 10 Yr Expense Projection*: | 2,222 | 1,959 |
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2.07(3.49%) May 2