You are using an older browser version. Please use a supported version for the best MSN experience.

Direxion Daily Financial Bear 3X ETF

NYSE ARCA: FAZ
56.61
+2.40
+4.43%
2/5/2016 7:56 PM EST
5 Years
  • Open

    54.40

  • Previous Close

    54.21

  • Vol (3-Month Avg.)

    1.36M

  • Day's Range

    53.63-57.20

  • 52 week range

    38.00-61.74

  • Net Assets

    316.80M

  • Yield

    0.00%

  • Category

    Trading-Inverse Equity

  • Morningstar Risk

    -

Profile

Name of Issuer

Direxion Funds

Expenses

0.95%

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000® Financial Services Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; exchange-traded funds; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the Russell 1000® Financial Services Index. It is non-diversified.

Inception

11/6/2008

AdChoices
AdChoices
image beaconimage beaconimage beacon