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 04.16.2014

Previous Close $17.03 Expense Ratio 0.95%
YTD Return 6.89% Avg. 30-Day Volume 43,911
1-Year Return 53.0% Market Cap Loading...
Bid $17.02 Shares Outstanding 508,000
Ask $17.10 Dividends $0.00

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