Direxion HCM Freedom Svc
33 Whitehall St., 10th Floor
Map
Phone: 800-851-0511
| Category: | Large Growth | | Fund Family: | Direxionfunds | | Net Assets: | 25.52M | | Year-to-Date Return: | -8.14% | | Yield: | 14.57% | | Morningstar Rating: |  | | Fund Inception Date: | 07-Dec-04 |
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Dexter P. Lyons
Lead Manager since
07-Dec-04 | | | Lyons has served as the Funds Portfolio Manager since 2004 and is responsible for managing the assets of the Fund. He has been a principal of HCM since December 1990. He has also been the sole owner of Lyons Capital Management, Inc., an administrative services firm, since January 1997. |
| Min Initial Investment: | $25,000 | | Min Initial Investment, IRA: | $25,000 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $1,000 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks long-term capital appreciation with lower volatility than the overall market. The fund chooses investment options from among market categories or investment vehicles which represent pools of securities, including major market indexes, more narrowly defined market sectors, exchange-traded funds ('ETFs''), and mutual funds, among other options. It is positioned in response to movements by particular indexes, market segments or even particular securities in an attempt to participate in a developing trend. The fund is nondiversified. |
| Last Dividend
(27-Aug-08):
| 0.50 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 4042.00% | | Average for Category:
| 98.32% |
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| Expense | HCMFX | Category
Avg | | Total Expense Ratio: | 2.18%
| 1.35% | | Max 12b1 Fee: | 0.80%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.41% | | Max Deferred Sales Load: | 0.00%
| 2.68% | | 3 Yr Expense Projection*: |
$688 | $622 | | 5 Yr Expense Projection*: |
$1,180 | $957 | | 10 Yr Expense Projection*: |
$2,534 | $1,889 |
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1.49% Nasdaq 
0.27%
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