Direxion Daily Mid Cap Bear 3X Shares (MIDZ)

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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 S&P MidCap® 400 Index. The fund creates short positions by investing 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, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the mid-cap segment of the U.S. equity universe. The fund is non-diversified.

Fund Snapshot Updated 07.22.2014

Previous Close $14.32 Expense Ratio 0.95%
YTD Return 21.71% Avg. 30-Day Volume 22,100
1-Year Return 42.4% Market Cap Loading...
Bid $14.33 Shares Outstanding 558,000
Ask $14.35 Dividends $0.00

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