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

12.73
Net Asset Value
+0.24%
1 Day
-10.73%
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-2.38% 3 years-22.16%
3 months-9.39% 5 years-24.12%
1 year-24.59% Since inception-23.85%
Data through --

Peer Comparisonvs. Bear market

 DXSSXCategory
Performance 5-yr return-24.12%-21.22%
Expense ratio1.49%2.00%
Risk 5 year sharpe ratio-1.38-1.30
Net assets$6.5M$93.0M
Average market cap--$50.1B
Average P/E--17.8
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyDirexion Funds
Fund manager & tenurePaul Brigandi / 12 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

Cash268.52%
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.