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Direxion Monthly S&P 500 Bear 2X Fund Investor Class (DXSSX)

16.88
Net Asset Value
+0.06%
1 Day
-20.11%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.51%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks monthly investment results, before fees and expenses, of 200% of the inverse (or opposite) of the calendar month performance of the S&P 500 ® Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short exposure to the S& P 500 ® Index (the "index") equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.

Performance

1 month-3.10% 3 years-20.79%
3 months-10.07% 5 years-27.76%
1 year-26.77% Since inception-23.92%
Data through --

Peer Comparisonvs. Bear market

 DXSSXCategory
Performance 5-yr return-27.76%-21.78%
Expense ratio1.51%2.00%
Risk 5 year sharpe ratio-1.56-1.43
Net assets$8.6M$112.8M
Average market cap--$66.8B
Average P/E--21.3
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyDirexion Funds
Fund manager & tenurePaul Brigandi / 11 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

Cash311.89%
U.S. stock0.00%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 15.16%
Energy 14.17%
Industrial materials 13.04%
Healthcare 12.67%
Hardware 10.04%
Top 10 Holdings
Portfolio weighting
Holdings not available.