Direxion Monthly Emerging Markets Bull 2X Fund (DXELX)

49.76
Net Asset Value
+0.63%
1 Day
+15.40%
Year-to-Date
Overall Morningstar Rating
Trading-leveraged equity
Style or Category
No Load
Sales Expenses
1.35%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the MSCI Emerging Markets Index. The fund normally invests at least 80% of its assets in the securities that comprise the MSCI Emerging Markets IndexSM and/or financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The financial instruments in which the fund may invest include exchange-traded funds, stock index futures contracts, swap agreements and options on securities, ETFs and stock indices intended to produce economically leveraged investment results. It is non-diversified.

Performance

1 month-3.15% 3 years+6.42%
3 months+8.65% 5 years+0.72%
1 year-3.92% Since inception-3.16%
Data through --

Peer Comparisonvs. Trading-leveraged equity

 DXELXCategory
Performance 5-yr return+0.72%+16.48%
Expense ratio1.35%2.05%
Risk 5 year sharpe ratio0.10--
Net assets$7.8M$83.2M
Average market cap----
Average P/E----
Portfolio turnover----

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyDirexion Funds
Fund manager & tenurePaul Brigandi / 9 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

U.S. stock100.00%
International stock0.00%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 24.19%
Industrial materials 18.73%
Energy 14.08%
Hardware 12.54%
Telecommunication 12.02%
Top 10 Holdings
Portfolio weighting
Holdings not available.

To view my watchlist

Not a member yet?

Sign up now for a free account