Direxion PSI Macro Trends
Direxion Funds33 Whitehall St., 10th Floor
Map
Phone: 800-851-0511
| Category: | World Stock | | Fund Family: | Direxion Funds | | Net Assets: | 27.82M | | Year-to-Date Return: | -2.64% | | Yield: | 0.14% | | Morningstar Rating: |  | | Fund Inception Date: | 08-Jan-2007 |
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David Jajewski
Lead Manager since
08-Jan-2007 | | | Jajewski joined PSI in 2001 and has been serving as a managing partner and chief operating officer since 2004. Prior to becoming a managing partner and chief operating officer, he was senior vice president. Jajewski operated his own
business as an independent registered representative (broker) from 1987-2001 where he worked with clients to help them define and achieve their financial goals. He began representing PSI in 1991, and in 1995, he helped to create the Variable Products Division. |
| 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 to implement short or long strategies to achieve capital appreciation.
The fund invests significantly in domestic and foreign securities and ETFs, futures contracts on stock indices, swap agreements, options on futures contracts and financial instruments (such as options on securities and stock indices). It may invest in money market funds or other short-term interest-bearing instruments. The fund is nondiversified. |
| Last Dividend
(28-Dec-09):
| 0.02 | | Last Cap Gain
(29-Dec-08):
| 0.01 | | Annual Holdings Turnover
(18-Mar-10):
| 429.00% | | Average for Category:
| 107.12% |
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| Expense | DXMTX | Category
Avg | | Total Expense Ratio: | 2.00%
| 1.53% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | %
| 5.38% | | Max Deferred Sales Load: | %
| 2.51% | | 3 Yr Expense Projection*: |
$ 670 | $75 | | 5 Yr Expense Projection*: |
$ 1,149 | $120 | | 10 Yr Expense Projection*: |
$ 2,472 | $237 |
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0.35% Nasdaq 
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