Evolution Alternative Invst
Direxion Funds 33 Whitehall St., 10th Floor
Map
Phone: 800-851-0511
| Category: | Moderate Allocation | | Fund Family: | Direxion Funds | | Net Assets: | 22.85M | | Year-to-Date Return: | 4.34% | | Yield: | 3.93% | | Morningstar Rating: |  | | Fund Inception Date: | 23-Jan-06 |
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Jerry C. Wagner
Lead Manager since
23-Jan-06 | | | Wagner has been president, director and sole shareholder of Flexible Plan Investments since its formation in 1981. He has been active in market analysis, designing methodologies and management of personal investment portfolios since 1969. Previously, Wagner was a shareholder and head of the tax and securities law department of Clark, Hardy, Lewis, Pollard & Page, P.C. Prior to that, he was a partner in the law firm of Dahlberg, Mallender & Gawne. |
| Min Initial Investment: | $10,000 | | Min Initial Investment, IRA: | $10,000 | | Min Initial Investment, AIP: | $10,000 | | Min Subsequent Investment: | $1,000 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $1,000 |
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| The investment seeks high total return on an annual basis consistent with a high tolerance for risk. The fund invests in securities, including equities or interest bearing fixed income securities , having a low or negative correlation with the S&P 500 ? Index or indirectly through securities that invest in or are a derivative of alternative securities. It also may invest in futures, options and swaps. The fund is nondiversified. |
| Last Dividend
(29-Dec-08):
| 0.62 | | Last Cap Gain
(28-Dec-07):
| 0.64 | | Annual Holdings Turnover
| 785.00% | | Average for Category:
| 82.83% |
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| Expense | PETRX | Category
Avg | | Total Expense Ratio: | %
| 1.01% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 5.30% | | Max Deferred Sales Load: | %
| 2.71% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $633 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $964 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,881 |
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0.47% Nasdaq 0.00%
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