Direxion 10 Year Note Bear 2.5X Inv
33 Whitehall St., 10th Floor
Map
Phone: 800-851-0511
| Category: | Bear Market | | Fund Family: | Direxionfunds | | Net Assets: | 42.28M | | Year-to-Date Return: | -8.36% | | Yield: | 1.25% | | Morningstar Rating: | N/A | | Fund Inception Date: | 17-May-04 |
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Paul Brigandi
Lead Manager since
17-May-04 | | | Brigandi has been a portfolio manager at Rafferty Asset Management since June 2004. He was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. |
| Min Initial Investment: | $25,000 | | Min Initial Investment, IRA: | $25,000 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $500 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks daily investment results, before fees and expenses, of 250% of the inverse of the performance of the 10 Year Treasury Note. The fund normally invests at least 80% of assets in the 10 Year Treasury Note and/or financial instruments that, in combination, provide leveraged exposure to the 10 Year Treasury Note. It create short positions. The fund may invest in ETFs, stock index futures contracts, options on stock index futures contracts, swap agreements and options on securities and on stock indices. It is nondiversified. |
| Last Dividend
(21-Dec-07):
| 0.18 | | Last Cap Gain
(28-Dec-06):
| 0.50 | | Annual Holdings Turnover
| .00% | | Average for Category:
| 333.98% |
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| Expense | DXKSX | Category
Avg | | Total Expense Ratio: | 1.75%
| 1.98% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.75% | | Max Deferred Sales Load: | 0.00%
| 1.23% | | 3 Yr Expense Projection*: |
$3,185 | $797 | | 5 Yr Expense Projection*: |
$4,988 | $1,320 | | 10 Yr Expense Projection*: |
$8,509 | $2,704 |
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0.29% Nasdaq 
0.14%
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