Direxion Daily Brazil Bear 3X Shares (BRZS)

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Fund Description

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...
Bid $39.18 Shares Outstanding 50,000
Ask $39.33 Dividends $0.00

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