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Direxion Daily Basic Matls Bull 3X Shrs (MATL)

69.68 Down 0.32(0.46%) 4:00PM EDT
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Profile as of Jun 29, 2014Get Profile for:
Direxion Daily Basic Matls Bull 3X Shrs

Phone: 866-476-7523
Fund Overview 
Category: Trading-Leveraged Equity
Fund Family: Direxion Funds
Net Assets:6.70M
Fund Inception Date:Jun 15, 2011
Legal Type:Exchange Traded Fund
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Morningstar Style Box 
Trading-Leveraged Equity
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Fund Summary 
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Materials Select Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Materials Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: chemicals; metals & mining; paper & forest products; containers & packaging; and construction materials. The fund is non-diversified.

Fund Operations 
 MATLCategory Avg
Annual Report Expense Ratio (net)0.95%N/A
Annual Holdings TurnoverNaNN/A
Total Net AssetsNaNN/A
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