Direxion Evolution Total Return Inv
33 Whitehall St., 10th Floor
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Phone: 800-851-0511
| Category: | Mid-Cap Value | | Fund Family: | Direxionfunds | | Net Assets: | 25.05M | | Year-to-Date Return: | -8.75% | | Yield: | 0.35% | | Morningstar Rating: | N/A | | Fund Inception Date: | 23-Jan-06 |
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Jerry C. Wagner
Lead Manager since
23-Jan-06 | | | Wagner has been president, director and sole shareholder of Flexible Plan Investments since its formation in 1981. He has been active in market analysis, designing methodologies and management of personal investment portfolios since 1969. Previously, Wagner was a shareholder and head of the tax and securities law department of Clark, Hardy, Lewis, Pollard & Page, P.C. Prior to that, he was a partner in the law firm of Dahlberg, Mallender & Gawne. |
| Min Initial Investment: | $10,000 | | Min Initial Investment, IRA: | $10,000 | | 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 high total return on an annual basis consistent with a high tolerance for risk. The fund typically invest at least 80% of its net assets (plus any borrowing for investment purposes) directly in dividend paying equities or interest bearing fixed income securities or indirectly through securities that invest in or are a derivative of income generating securities. It also may invest in futures, options and swaps. The fund is nondiversified. |
| Last Dividend
(28-Dec-07):
| 0.06 | | Last Cap Gain
(28-Dec-07):
| 0.64 | | Annual Holdings Turnover
| 824.00% | | Average for Category:
| 80.03% |
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| Expense | PETRX | Category
Avg | | Total Expense Ratio: | 1.75%
| 1.36% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.43% | | Max Deferred Sales Load: | 0.00%
| 2.52% | | 3 Yr Expense Projection*: |
$572 | $635 | | 5 Yr Expense Projection*: |
$983 | $955 | | 10 Yr Expense Projection*: |
$2,129 | $1,916 |
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1.49% Nasdaq 
0.27%
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