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Direxion Monthly Emerging Markets Bull 2X Fund (DXELX)

30.79
Net Asset Value
+0.39%
1 Day
-28.59%
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-17.98% 3 years-11.91%
3 months-32.98% 5 years-10.91%
1 year-45.55% Since inception-5.94%
Data through --

Peer Comparisonvs. Trading-leveraged equity

 DXELXCategory
Performance 5-yr return-10.91%+16.48%
Expense ratio1.35%2.05%
Risk 5 year sharpe ratio-0.04--
Net assets$3.6M$78.9M
Average market cap----
Average P/E----
Portfolio turnover----

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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. stock78.94%
Cash21.06%
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.

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