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Direxion Mthly China Bull 2X Inv

DXHLX
42.84
+0.28
+0.66%
7/24/2017
5 Years
  • Previous Close

    42.56

  • Net Assets

    3.56M

  • Yield

    0.00%

  • Front load

    None

  • Expenses

    1.35%

  • Category

    Trading--Leveraged Equity

  • Morningstar Risk

    High

  • Morningstar Rating
Profile

Name of Issuer

Direxion Funds

Fund Style

Open

Fund Manager

Tony Ng

Investment Style

-

The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the FTSE China 50 Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide leveraged exposure to the FTSE China 50 Index and/or ETFs that track the index. The index consists of the 50 largest and most liquid public Chinese companies currently trading on the Hong Kong Stock Exchange ("SEHK"). It will concentrate its investment in a particular industry or group of industries to approximately the same extent as the index is so concentrated. The fund is non-diversified.

Purchase Information

Initial Purchase 25,000
Initial Purchase: IRA 25,000
Initial Purchase: AIP 25,000

Inception

12/3/2007

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