Direxion Mthly Emerg Mkts Bear 2X
Direxion Funds33 Whitehall St., 10th Floor
Map
Phone: 800-851-0511
| Category: | Bear Market | | Fund Family: | Direxion Funds | | Net Assets: | 2.69M | | Year-to-Date Return: | -31.37% | | Yield: | 0.00% | | Morningstar Rating: | N/A | | Fund Inception Date: | Nov 6, 2005 |
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Paul Brigandi
Lead Manager since Nov 6, 2005 | | | Brigandi has been a portfolio manager at Rafferty Asset Management since June 2004. He was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. |
| Min Initial Investment: | 25,000 | | Min Initial Investment, IRA: | 25,000 | | Min Initial Investment, AIP: | 25,000 | | Min Subsequent Investment: | 500 | | Min Subsequent Investment, IRA: | 0 | | Min Subsequent Investment, AIP: | 500 |
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| The investment seeks monthly investment results, before fees and expenses, of 200% of the inverse of the calendar month price performance of the MSCI Emerging Markets IndexSM.
The fund normally invests at least 80% of net assets in the equity securities that comprise the index and/or financial instruments that, in combination, provide leveraged exposure to the index with the fund creating short positions. It is non-diversified. |
| Last Dividend
(Sep 27, 2010)
:
| 0.53 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(Dec 29, 2011)
:
| 0.00% | | Average for Category: | 501.50% |
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| Expense | DXESX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 1.90% | 1.94% | | Prospectus Net Expense Ratio: | 2.01% | N/A | | Prospectus Gross Expense Ratio: | 2.01% | N/A | | Max 12b1 Fee: | 0.25% | N/A | | Max Front End Sales Load: | N/A | 4.88% | | Max Deferred Sales Load:
| N/A | 1.00% | | 3 Yr Expense Projection*: | 630 | 773 | | 5 Yr Expense Projection*: | 1,083 | 1,275 | | 10 Yr Expense Projection*: | 2,338 | 2,645 |
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0.34%