Direxion Daily Basic Materials Bull 3X Shares (MATL)

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Fund Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Materials Select Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Materials Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: chemicals; metals & mining; paper & forest products; containers & packaging; and construction materials. The fund is non-diversified.

Fund Snapshot Updated 04.15.2014

Previous Close $55.43 Expense Ratio 0.95%
YTD Return 1.79% Avg. 30-Day Volume 3,134
1-Year Return 83.4% Market Cap Loading...
Bid $55.25 Shares Outstanding 100,000
Ask $55.60 Dividends $0.00
Top Holdings
Materials Select Sector Spdr Fund (XLB) 100.00%
% of Total Holdings 100.00%

Sector Breakdown

Geographic Breakdown

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