Direxion Spectrum Equ Opportunity Svc
33 Whitehall St., 10th Floor
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Phone: 800-851-0511
| Category: | Mid-Cap Growth | | Fund Family: | Direxionfunds | | Net Assets: | 18.47M | | Year-to-Date Return: | -9.62% | | Yield: | 3.12% | | Morningstar Rating: |  | | Fund Inception Date: | 11-Oct-04 |
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Ralph J. Doudera
Lead Manager since
11-Oct-04 | | | Doudera, CEO of Spectrum Financial he founded in 1986, serves as portfolio manager through a non-profit sub-advisory company, Hundredfold Advisor, LLC. Prior to founding Spectrum, he began his financial and estate planning career with the CIGNA Corporation where he became a Chartered Life Underwriter and a Chartered Financial Consultant. |
| 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 a high total rate of return (income from short-term trading plus capital appreciation) on an annual basis. The fund invests at least 80% of net assets (plus any borrowing for investment purposes) in equity securities or derivatives of such securities. It invests in equity securities of any market capitalization, investment style, market sector or industry. Equity securities include common stocks, ADRs, preferred stock, convertible stock, warrants, and rights. The fund is nondiversified. |
| Last Dividend
| N/A | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 1347.00% | | Average for Category:
| 118.45% |
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| Expense | SFEOX | Category
Avg | | Total Expense Ratio: | 2.40%
| 1.49% | | Max 12b1 Fee: | 1.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.31% | | Max Deferred Sales Load: | 0.00%
| 2.68% | | 3 Yr Expense Projection*: |
$829 | $695 | | 5 Yr Expense Projection*: |
$1,415 | $1,084 | | 10 Yr Expense Projection*: |
$3,003 | $2,130 |
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0.26% Nasdaq 0.00%
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