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 05.23.2013
| Previous Close | $66.85 | Expense Ratio | 0.94% |
| YTD Return | 67.8% | Avg. 30-Day Volume | 6,450,483 |
| 1-Year Return | 149.4% | Market Cap | Loading... |
| Bid | $66.93 | Shares Outstanding | 17,524,000 |
| Ask | $66.97 | Dividends | $0.00 |
| Top 10 Holdings | |
|---|---|
| Jpmorgan Chase & Co (JPM) | 6.58% |
| Berkshire Hathaway Inc Del (BRK.B) | 6.42% |
| Wells Fargo & Co New (WFC) | 6.35% |
| Citigroup Inc (C) | 4.80% |
| Bank Of America Corporation (BAC) | 4.61% |
| Visa Inc (V) | 3.02% |
| American Express Co (AXP) | 2.42% |
| Goldman Sachs Group Inc (GS) | 2.37% |
| Us Bancorp Del (USB) | 2.16% |
| Mastercard Inc (MA) | 1.99% |
| % of Total Holdings | 40.70% |
