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FAS ETF Profile


Family: Direxion Shares
Name: Direxion Daily Financial Bull 3X Shares
Inception Date: 6-Nov-2008
Termination Date:
Investment Objective: The Direxion Daily Financial Bull (FAS) and Bear (FAZ) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the of the performance of the Financial Select Sector TR Index (IXMTR). The Financial Select Sector TR Index (IXMTR) is provided by S&P Dow Jones Indices and includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; Capital Markets; Insurance; and Mortgage Real Estate Investment Trusts (REITs). August 1st, Direxion Daily Financial Bull 3x Shares (FAS) changed its index from the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index to the Financials Select Sector Index.
Prospectus
Top 10 Holdings
Derivatives offset -219.4493%
Financial Select Sector Index SWAP 46.2674%
Financial Select Sector Index SWAP 35.0889%
FINANCIAL SELECT SECTOR INDEX SWAP 33.2345%
FINANCIAL SELECT SECTOR INDEX SWAP 30.8833%
FINANCIAL SELECT SECTOR INDEX SWAP 24.4261%
FINANCIAL SELECT SECTOR INDEX SWAP 22.0516%
FINANCIAL SELECT SECTOR INDEX SWAP 17.5182%
DREYFUS GOVT CASH MAN INS 16.8883%
Financial Select Sector Index SWAP 9.9794%
Top 10 Holdings Weight: 16.9%
Number of Holdings: 86
Shares Outstanding: 16,649,289
Total Net Assets: 2,492,066,000
NAV: 149.70
Net Expense Ratio: 0.94%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector: Financials
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Large Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor: Leveraged (3x)
Is Currency Hedged: No
US or Ex-US: Domestic