Direxion Daily Real Estate Bear 3x Shares (DRV)

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Fund Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.

Fund Snapshot Updated 07.21.2014

Previous Close $35.45 Expense Ratio 0.95%
YTD Return 44.97% Avg. 30-Day Volume 41,577
1-Year Return 33.5% Market Cap Loading...
Bid $35.38 Shares Outstanding 258,000
Ask $35.50 Dividends $0.00

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