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

14.09
Net Asset Value
-2.08%
1 Day
-1.19%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.49%
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 leveraged 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-3.29% 3 years-19.63%
3 months+15.12% 5 years-24.65%
1 year-21.15% Since inception-23.91%
Data through --

Peer Comparisonvs. Bear market

 DXSSXCategory
Performance 5-yr return-24.65%-21.16%
Expense ratio1.49%2.00%
Risk 5 year sharpe ratio-1.37-1.28
Net assets$14.2M$97.9M
Average market cap--$87.5B
Average P/E--20.3
Portfolio turnover0%0%

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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

Cash289.68%
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.