Direxion Small Cap Bear 2.5X Inv
33 Whitehall St., 10th Floor
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Phone: 800-851-0511
| Category: | Bear Market | | Fund Family: | Direxionfunds | | Net Assets: | 7.00M | | Year-to-Date Return: | -0.79% | | Yield: | 3.68% | | Morningstar Rating: | N/A | | Fund Inception Date: | 02-Dec-99 |
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Paul Brigandi
Lead Manager since
29-Dec-05 | | | 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 investment returns that correspond to 250% of the inverse of the price performance of the Russell 2000 index. The fund normally invests at least 80% of assets in the equity securities that comprise the Russell 2000 index and/or financial instruments that, in combination, provide leveraged exposure to the index. It creates short positions. The fund may hold U.S. government securities and repurchase agreements to collateralize these futures and options contracts and swap agreements. It is nondiversified. |
| Last Dividend
(21-Dec-07):
| 0.05 | | Last Cap Gain
(19-Dec-02):
| 4.79 | | Annual Holdings Turnover
| .00% | | Average for Category:
| 333.98% |
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| Expense | DXRSX | 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*: |
$641 | $797 | | 5 Yr Expense Projection*: |
$1,128 | $1,320 | | 10 Yr Expense Projection*: |
$2,472 | $2,704 |
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1.47% Nasdaq 
0.28 (2.82%) 
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