Fund Description
The investment seeks daily investment results, net of expenses, of 300% of the Russell 1000® Retail Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its net assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. On a day-to-day basis, the fund also may hold short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles, including U.S. government securities and repurchase agreements. The fund is non-diversified.
Fund Snapshot Updated 05.14.2012
| Previous Close | $83.30 | Expense Ratio | 0.95% |
| YTD Return | 43.1% | Avg. 30-Day Volume | 3,284 |
| 1-Year Return | 36.6% | Market Cap | Loading... |
| Bid | $83.31 | Shares Outstanding | 100,000 |
| Ask | $83.34 | Dividends | $0.00 |
| Top 10 Holdings | |
|---|---|
| Wal Mart Stores Inc (WMT) | 16.08% |
| Amazon Com Inc (AMZN) | 12.43% |
| Home Depot Inc (HD) | 12.22% |
| Target Corp (TGT) | 5.80% |
| Costco Whsl Corp New (COST) | 5.65% |
| Lowes Cos Inc (LOW) | 5.44% |
| Tjx Cos Inc New (TJX) | 4.70% |
| Bed Bath & Beyond Inc (BBBY) | 2.71% |
| Macys Inc (M) | 2.40% |
| Ross Stores Inc (ROST) | 2.18% |
| % of Total Holdings | 69.60% |
