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

35.02
Net Asset Value
+1.36%
1 Day
+244.69%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.35%
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, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that, in combination, provide leveraged and unleveraged exposure to the index with the fund creating short positions. The index is a capitalization-weighted index composed of 500 common stocks. Standard & Poor's  selects the 500 stocks comprising the index on the basis of market values and industry diversification. The fund is non-diversified.

Performance

1 month+6.41% 3 years-32.41%
3 months+3.67% 5 years-29.21%
1 year-23.67% Since inception-24.87%
Data through --

Peer Comparisonvs. Bear market

 DXSSXCategory
Performance 5-yr return-29.21%-24.11%
Expense ratio1.35%2.01%
Risk 5 year sharpe ratio-1.25-1.21
Net assets$6.3M$210.3M
Average market cap--$960.4M
Average P/E----
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyDirexion Funds
Fund manager & tenurePaul Brigandi / 8 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

Cash200.00%
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.

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