Direxion Monthly NASDAQ-100® Bear 1.25X Fund (DXNSX)

11.39
Net Asset Value
+2.16%
1 Day
-6.04%
Year-to-Date
Overall Morningstar Rating
Trading--inverse equity
Style or Category
No Load
Sales Expenses
1.29%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks monthly investment results- before fees and expenses- of 125% of the inverse (or opposite) of the calendar month performance of the NASDAQ 100- Index. The fund- under normal circumstances- invests in swap agreements- futures contracts- short positions or other financial instruments that- in combination- provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index includes 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market- based on market capitalization. The fund is non-diversified.

Performance

1 month+1.47% 3 years--
3 months+0.37% 5 years--
1 year-26.59% Since inception-23.99%
Data through --

Peer Comparisonvs. Trading--inverse equity

 DXNSXCategory
Performance 5-yr return---29.79%
Expense ratio1.29%1.94%
Risk 5 year sharpe ratio----
Net assets$103.4K$2.7M
Average market cap--$13.2B
Average P/E--16.1
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyDirexion Funds
Fund manager & tenurePaul Brigandi / 2 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

Cash217.03%
U.S. stock0.00%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.