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Direxion Daily Energy Bear 3X ETF (ERY)

-NYSEArca
36.58 Up 0.49(1.36%) Feb 11, 4:00PM EST
Profile as of Jan 30, 2016Get Profile for:
Direxion Daily Energy Bear 3X ETF

Phone: 866-476-7523
Fund Overview 
Category: Trading-Inverse Equity
Fund Family: Direxion Funds
Net Assets:58.70M
Yield:0.00%
Fund Inception Date:Nov 6, 2008
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 Energy Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the Energy Select Sector Index. The fund is non-diversified.

Fund Operations 
 ERYCategory Avg
Annual Report Expense Ratio (net)0.95%N/A
Annual Holdings Turnover0.00%N/A
Total Net AssetsNaNN/A
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