Direxion Indexed Managed Futures Strategy Fund Institutional Class (DXMIX)

35.97
Net Asset Value
-0.11%
1 Day
-4.77%
Year-to-Date
Overall Morningstar Rating
Managed futures
Style or Category
No Load
Sales Expenses
1.20%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks investment results, before fees and expenses, that track the performance of the Auspice Managed Futures Index. The fund is managed to track the performance of the index, which seeks to reflect trends in the commodity, currencies and financial futures markets. It will invest up to 25% of its total assets in a wholly owned and controlled subsidiary (the "Subsidiary"). The index uses a quantitative methodology to track prices of a diversified portfolio of traditional commodity, financial and currency futures contracts, or "components." The fund is non-diversified.

Performance

1 month+0.17% 3 years--
3 months-4.21% 5 years--
1 year-8.94% Since inception-5.47%
Data through --

Peer Comparisonvs. Managed futures

 DXMIXCategory
Performance 5-yr return---2.50%
Expense ratio1.20%2.11%
Risk 5 year sharpe ratio---0.33
Net assets$104.1M$252.8M
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 / 2 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

Fixed income130.77%
U.S. stock0.00%
International stock0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.