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Direxion Monthly Emerging Markets Bull 2X Fund (DXELX)

Net Asset Value
1 Day
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
Expense Ratio
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- under normal circumstances- invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide leveraged exposure to the MSCI Emerging Markets Index (the "index") and/or exchange-traded funds ("ETFs") that track the index. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The fund is non-diversified.


1 month-0.74% 3 years+10.85%
3 months+2.20% 5 years+0.91%
1 year+61.91% Since inception-1.60%
Data through --

Peer Comparisonvs. Trading--leveraged equity

Performance 5-yr return+0.91%+16.48%
Expense ratio1.50%2.03%
Risk 5 year sharpe ratio0.21--
Net assets$9.7M$96.0M
Average market cap----
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


U.S. stock66.85%
International stock0.00%
Fixed income0.00%
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.