Direxion Monthly S&P 500 Bear 2X Fund Investor Class (DXSSX)
| 30.39 Net Asset Value | +1.10% 1 Day | +0.40% 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, creates short positions by investing at least 80% of its assets in: futures contracts, short positions, swap agreements, exchange traded funds ("ETFs") or other financial instruments that, in combination, provide leveraged and unleveraged exposure to the S&P 500 ® Index (the "index"). The fund is non-diversified.
Performance
| 1 month | +2.60% | 3 years | -32.13% | |
| 3 months | -11.17% | 5 years | -30.86% | |
| 1 year | -26.67% | Since inception | -25.15% |
Data through --
Peer Comparisonvs. Bear market
| DXSSX | Category | |
|---|---|---|
| Performance 5-yr return | -30.86% | -23.54% |
| Expense ratio | 1.35% | 2.01% |
| Risk 5 year sharpe ratio | -1.25 | -1.21 |
| Net assets | $10.2M | $157.2M |
| Average market cap | -- | $781.4M |
| Average P/E | -- | -- |
| Portfolio turnover | -- | -- |
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Fund Management and Purchase Info
| Fund family | Direxion Funds |
| Fund manager & tenure | Paul Brigandi / 8 Years |
| Minimal initial investment | $25,000.00 |
| Minimum IRA investment | $25,000.00 |
Holdings
| Cash | 200.00% |
| U.S. stock | 0.00% |
| International stock | 0.00% |
| Fixed income | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Financial service | 15.16% |
| Energy | 14.17% |
| Industrial materials | 13.04% |
| Healthcare | 12.67% |
| Hardware | 10.04% |
Top 10 HoldingsPortfolio weighting
| Holdings not available. |
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