Family: | Direxion Shares |
Name: | Direxion Daily Financial Bear 3X Shares |
Inception Date: | 6-Nov-2008 |
Termination Date: | |
Investment Objective: | The Direxion Daily Financial Bull (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). |
Prospectus | |
Top 10 Holdings | ||
Derivatives offset | 323.8837% | |
Financial Select Sector Index SWAP | -112.2006% | |
FINANCIAL SELECT SECTOR INDEX SWAP | -89.7405% | |
Financial Select Sector Index SWAP | -63.5601% | |
DREYFUS GOVT CASH MAN INS | 46.1359% | |
FINANCIAL SELECT SECTOR INDEX SWAP | -45.2355% | |
DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | 37.8093% |
GOLDMAN FINL SQ TRSRY INST 506 | 16.0549% | |
FINANCIAL SELECT SECTOR INDEX SWAP | -13.1470% | |
Top 10 Holdings Weight: | 100.0% |
Number of Holdings: | 9 |
Shares Outstanding: | 23,153,350 |
Total Net Assets: | 121,092,000 |
NAV: | 5.23 |
Net Expense Ratio: | 1.08% |
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: | Inverse (-3x) |
Is Currency Hedged: | No |
US or Ex-US: | Domestic |