Direxion Daily China Bear 3X Shares (YANG)
- Global Equity | China Region Funds
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the BNY China Select ADR Index. The fund creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted capitalization-weighted index designed by the BNY Mellon to track the performance of a basket of companies who have their primary equity listing on a Chinese stock exchange or that also have depositary receipts that trade on a U.S. exchange or on the NASDAQ. The fund is non-diversified.
Fund Snapshot Updated 12.05.2013
|Previous Close||$16.15||Expense Ratio||0.95%|
|YTD Return||63.3%||Avg. 30-Day Volume||27,125|
|1-Year Return||70.2%||Market Cap||Loading...|