Direxion Monthly Emerging Markets Bull 2X Fund (DXELX)

57.04
Net Asset Value
-0.11%
1 Day
-5.22%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
1.49%
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 IndexSM. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide monthly leveraged exposure to the index and/or ETFs that track the index. The index is a free float-adjusted market capitalization weighted index that is designed to represent the performance of large- and mid-capitalizations securities across 24 emerging market countries. The fund is non-diversified.

Performance

1 month-3.56% 3 years+4.69%
3 months-10.54% 5 years+1.72%
1 year+26.16% Since inception-1.25%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 DXELXCategory
Performance 5-yr return+1.72%+16.48%
Expense ratio1.49%2.01%
Risk 5 year sharpe ratio0.19--
Net assets$10.9M$81.4M
Average market cap--$93.2B
Average P/E----
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyDirexion Funds
Fund manager & tenurePaul Brigandi / 12 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

U.S. stock64.91%
Cash35.09%
International stock0.00%
Fixed income0.00%
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.