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Direxion Mthly Small Cap Bull 2X

DXRLX
51.16
-1.13
-2.16%
9/26/2016
5 Years
  • Previous Close

    52.29

  • Net Assets

    18.85M

  • 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 Russell 2000® Index. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the Russell 2000® Index and/or financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2,000 companies in the Russell 3000® Index, representing approximately 8% of the total market capitalization of that index. The fund is non-diversified.

Purchase Information

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

Inception

2/22/1999

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