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 07.08.2014

Previous Close $66.73 Expense Ratio 0.95%
YTD Return 23.23% Avg. 30-Day Volume 3,930
1-Year Return 97.0% Market Cap Loading...
Bid $66.85 Shares Outstanding 100,000
Ask $67.78 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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