44.50 Up +0.18 +0.41%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 44.32
Category Trading-Leveraged Equity
Net Assets 16.37 Mil
Yield 0.00%
Morningstar Risk High
Morningstar Return Below Average
  • Last NAV update 7/29/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the Russell 2000® Index. The fund, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. On a day-to-day basis, it may hold money market funds and/or short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles, including U.S. government securities and repurchase agreements. The fund is non-diversified.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 49.41% -13.92% 31.08% 86.66% -3.79%
Value ($) 14,941.37 12,860.97 16,857.62 31,466.57 30,272.67
  • Year to date performance as of 7/29/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Direxion Funds
Fund Manager Paul Brigandi
Tenure (Years) 10
Fund Status Open
Minimum Initial Purchase 25,000.00
Minimum IRA Investment 25,000.00
Front Load 0.00
Expense Ratio 1.90%
PERFORMANCE
Symbol Value ($)
1 Month -8.08%
3 Months 3.78%
1 Year 20.28%
3 Years* 25.22%
5 Years* 32.36%
  • * Annualized returns
  • Performance as of 7/29/2014 12:00 AM ET
PEER COMPARISON
  DXRLX Trading-Leveraged Equity
5-Yr Return 32.36% 21.28%
Sharpe Ratio 0.85 1.65
Net Assets 16.37 Mil 30.99 Mil
Avg Market Cap NA NA
Avg P/E NA NA
Portfolio Turnover NA 481
HOLDINGS
Symbol Value ($)
Stocks 100.00%
Cash 0.00%
Fixed Income 0.00%
Other 0.00%
TOP 10 HOLDINGS
NAME % NET ASSETS
Russell Index Swap Bllt 100.00%
DATA PROVIDERS

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