Direxion Mthly Latin America Bull 2X Inv
Direxion Funds 33 Whitehall St., 10th Floor
Map
Phone: 800-851-0511
| Category: | Latin America Stock | | Fund Family: | Direxion Funds | | Net Assets: | 90.55M | | Year-to-Date Return: | -22.02% | | Yield: | 0.00% | | Morningstar Rating: |  | | Fund Inception Date: | 01-May-06 |
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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 |
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| The investment seeks monthly investment results, before fees and expenses, of 200% of the price performance of the S&P Latin America index. The fund normally invests at least 80% of assets in the equity securities that comprise the S&P Latin America 40 index and/or financial instruments that, in combination, provide leveraged exposure to the index. It creates long positions. The fund may invest in ETFs, stock index futures contracts, options on stock index futures contracts, swap agreements and options on securities and on stock indices. It is nondiversified. |
| Last Dividend
(10-Dec-08):
| 0.82 | | Last Cap Gain
(17-Dec-07):
| 10.10 | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 108.14% |
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| Expense | DXZLX | Category
Avg | | Total Expense Ratio: | 1.99%
| 1.86% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | %
| 5.21% | | Max Deferred Sales Load: | %
| 2.31% | | 3 Yr Expense Projection*: |
$ 624 | $827 | | 5 Yr Expense Projection*: |
$ 1,073 | $1,267 | | 10 Yr Expense Projection*: |
$ 2,317 | $2,512 |
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