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Direxion Daily Financial Bear 3X Shares (FAZ)

-NYSEArca

33.18 Up 0.61(1.87%) 4:00PM EDT|After Hours : 33.00 Down 0.18 (0.54%) 5:40PM EDT

Profile as of Mar 30, 2013Get Profile for:
Direxion Daily Financial Bear 3X Shares

Phone: 866-476-7523
Fund Overview 
Category: Trading-Inverse Equity
Fund Family: Direxion Funds
Net Assets:553.17M
Yield:0.00%
Fund Inception Date:Nov 5, 2008
Legal Type:Exchange Traded Fund
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Morningstar Style Box 
Trading-Inverse Equity
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Style box information not available for FAZ.


Fund Summary 
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000® Financial Services Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

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