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Direxion Daily Russia Bear 3X ETF (RUSS)

-NYSEArca
15.53 Down 0.86(5.25%) Nov 21, 4:00PM EST
Profile as of Oct 30, 2014Get Profile for:
Direxion Daily Russia Bear 3X ETF

Phone: 866-476-7523
Fund Overview 
Category: Trading-Inverse Equity
Fund Family: Direxion Funds
Net Assets:18.51M
Yield:0.00%
Fund Inception Date:May 25, 2011
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 Market Vectors Russia Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the index. The index is a rules-based index, intended to represent the overall performance of publically traded companies that are domiciled and primarily listed on an exchange in Russia or that are not Russian companies, but nonetheless generate at least 50% of their revenues in Russia. The fund is non-diversified.

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