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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 -213.5657%
Financial Select Sector Index SWAP 63.0806%
FINANCIAL SELECT SECTOR INDEX SWAP 56.5071%
FINANCIAL SELECT SECTOR INDEX SWAP 27.3607%
DREYFUS GOVT CASH MAN INS 22.6312%
Financial Select Sector Index SWAP 17.7718%
FINANCIAL SELECT SECTOR INDEX SWAP 14.3564%
FINANCIAL SELECT SECTOR INDEX SWAP 13.6793%
FINANCIAL SELECT SECTOR INDEX SWAP 12.7167%
BERKSHIRE HATHAWAY INC-CL B BRK.B 8.2561%
Top 10 Holdings Weight: 22.8%
Number of Holdings: 89
Shares Outstanding: 15,749,289
Total Net Assets: 2,154,818,000
NAV: 136.89
Net Expense Ratio: 0.88%
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
Market Data Delayed 15 Minutes