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FAS ETF Profile


Family: Direxion Shares
Name: Direxion Daily Financial Bull 3X ETF
Inception Date: 6-Nov-2008
Termination Date:
Investment Objective: The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Financials Select Sector Index (the "Index"). The Index is provided by S&P Dow Jones Indices (the "Index Provider") and includes securities of companies from the following industries: financial services; insurance; banks; capital markets; mortgage real estate investment trusts ("REITs"); and consumer finance. The Fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, securities of the Index, and exchange-traded funds ("ETFs") that track the Index, that, in combination, provide 3X daily leveraged exposure to the Index, consistent with the Fund's investment objective. The financial instruments in which the Fund most commonly invests are swap agreements and futures agreements which are intended to produce economically leveraged investment results.
Prospectus
Top 10 Holdings
Derivatives offset -236.5855%
Financial Select Sector Index SWAP 61.4144%
FINANCIAL SELECT SECTOR INDEX SWAP 46.5265%
FINANCIAL SELECT SECTOR INDEX SWAP 42.8580%
FINANCIAL SELECT SECTOR INDEX SWAP 23.7676%
DREYFUS GOVT CASH MAN INS 21.2867%
FINANCIAL SELECT SECTOR INDEX SWAP 20.1249%
Financial Select Sector Index SWAP 18.5421%
FINANCIAL SELECT SECTOR INDEX SWAP 14.9765%
GOLDMAN FINL SQ TRSRY INST 506 8.6393%
Top 10 Holdings Weight: 21.6%
Number of Holdings: 89
Shares Outstanding: 13,399,289
Total Net Assets: 2,483,022,000
NAV: 185.40
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