Fund Description
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close | $66.03 | Expense Ratio | 0.94% |
| YTD Return | 65.0% | Avg. 30-Day Volume | 7,831,642 |
| 1-Year Return | 138.4% | Market Cap | Loading... |
| Bid | $65.98 | Shares Outstanding | 20,074,000 |
| Ask | $65.99 | Dividends | $0.00 |
| Top 10 Holdings | |
|---|---|
| Jpmorgan Chase & Co (JPM) | 6.66% |
| Berkshire Hathaway Inc Del (BRK.B) | 6.65% |
| Wells Fargo & Co New (WFC) | 6.46% |
| Citigroup Inc (C) | 4.70% |
| Bank Of America Corporation (BAC) | 4.62% |
| Visa Inc (V) | 3.09% |
| Goldman Sachs Group Inc (GS) | 2.48% |
| American Express Co (AXP) | 2.40% |
| Us Bancorp Del (USB) | 2.17% |
| Mastercard Inc (MA) | 2.03% |
| % of Total Holdings | 41.30% |
