Direxion Daily Brazil Bear 3X Shares (BRZS)
- Global Equity | Latin American Funds
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the MSCI Brazil 25/50 Index. The fund invests at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of Brazil. The fund is non-diversified.
Fund Snapshot Updated 04.16.2014
|Previous Close||$39.21||Expense Ratio||1.00%|
|YTD Return||21.87%||Avg. 30-Day Volume||9,555|
|1-Year Return||0.0%||Market Cap||Loading...|