Direxion S&P 500 Volatil Response ETF (VSPY)
NYSEArca - NYSEArca Real Time Price. Currency in USD
- PR Newswire•14 days ago
NEW YORK, Sept. 13, 2016 /PRNewswire/ -- The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close the Direxion Daily FTSE Developed Markets Bull 1.25X Shares (LLDM), Direxion Daily FTSE Emerging Markets Bull 1.25X Shares (LLEM) and the Direxion S&P 500® Volatility Response Shares (VSPY) (each a "Fund" and collectively the "Funds") based on the recommendation of Rafferty Asset Management, LLC, the Trust's advisor. Due to the Funds' inability to attract sufficient investment assets, Rafferty believes they cannot continue to conduct their business and operations in an economically efficient manner. As a result, the Board concluded that liquidating and closing the Funds would be in the best interest of each Fund and its shareholders.
- Market Realist•last year
Alternatives improve your portfolio's risk-adjusted returns. Let's consider the correlation between stocks, bonds, and commodities. They're alternative investments.
- TheStreet.com•2 years ago
Direxion Investments is broadening its product offerings to meet the demand of individual investors, most notably in the growing strategic beta category.