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Direxion Mthly Latin America Bull 2X Inv

DXZLX
7.23
-0.27
-3.60%
2/9/2016
5 Years
  • Previous Close

    7.50

  • Net Assets

    3.05M

  • Yield

    0.00%

  • Front load

    None

  • Expenses

    1.35%

  • Category

    Trading-Leveraged Equity

  • Morningstar Risk

    Above Average

  • 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 S&P® Latin America Index. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the S&P® Latin America 40 Index and/or financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is an equity index drawn from five major Latin American markets: Brazil, Chile, Columbia, Mexico and Peru. It is designed for investors seeking broad market exposure through an index that is efficient to replicate. The fund is non-diversified.

Purchase Information

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

Inception

5/2/2006

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