Direxion Financial Trends Strategy Instl
Direxion Funds 33 Whitehall St., 10th Floor
Map
Phone: 800-851-0511
| Category: | Currency | | Fund Family: | Direxion Funds | | Net Assets: | 19.81M | | Year-to-Date Return: | -0.79% | | Yield: | % | | Morningstar Rating: | N/A | | Fund Inception Date: | 01-May-09 |
|
Adam Gould
Lead Manager since
09-Feb-09 | | | Gould has been a Portfolio Manager at Rafferty Asset Management since January of 2007. Prior to joining Rafferty, he was an Index Fund Portfolio Manager at the Bank of New York, responsible for managing ten domestic index funds, and 20 separately managed accounts. Gould was a NASDAQ Market Maker at Deutsche Bank from 1999 through 2002. |
| Min Initial Investment: | $5,000,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $5,000,000 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $500 |
|
| |
| The investment seeks investment results comparable to the performance of the S&P FTI. The fund invests primarily in derivatives, currencies, equity securities and fixed-income securities, ETFs and other investment companies. It attempts to achieve the same weightings among some foreign currencies and U.S. Treasury Notes as the S&P FTI, but may not invest in the same underlying securities or derivatives. The fund also hold U.S. government securities, short-term fixed-income securities, money market instruments, overnight and fixed-term repurchase agreements, cash and other cash equivalents with maturities of one year or less. It is nondiversified. |
| Last Dividend
| N/A | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| .00% | | Average for Category:
| 3.38% |
|
| Expense | DXFIX | Category
Avg | | Total Expense Ratio: | 1.40%
| 1.64% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 3.96% | | Max Deferred Sales Load: | %
| 0.94% | | 3 Yr Expense Projection*: |
$ 443 | $633 | | 5 Yr Expense Projection*: |
$ N/A | $1,016 | | 10 Yr Expense Projection*: |
$ N/A | $2,113 |
|
|
0.32% Nasdaq 
0.01 (0.03%) 
Profile
