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 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.


1 month+0.92% 3 years+13.33%
3 months+13.07% 5 years+4.77%
1 year+50.33% Since inception-0.83%
Data through --

Peer Comparisonvs. Trading--leveraged equity

Performance 5-yr return+4.77%+16.48%
Expense ratio1.49%2.01%
Risk 5 year sharpe ratio0.23--
Net assets$20.4M$92.0M
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. stock65.64%
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.