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Direxion Daily Financial Bear 3X ETF

NYSE ARCA: FAZ
60.38
-1.49
-2.41%
2/10/2016 3:01 PM EST
5 Years
  • Open

    60.43

  • Previous Close

    61.87

  • Vol (3-Month Avg.)

    1.37M

  • Day's Range

    58.00-61.03

  • 52 week range

    38.00-64.78

  • Net Assets

    311.31M

  • 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

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