Fund Description
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the PHLX Semiconductor Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures the performance of the semiconductor subsector of the U.S. equity market. The fund is non-diversified.
Fund Snapshot Updated 05.21.2013
| Previous Close | $47.64 | Expense Ratio | 0.95% |
| YTD Return | 77.1% | Avg. 30-Day Volume | 258,656 |
| 1-Year Return | 81.9% | Market Cap | Loading... |
| Bid | $47.62 | Shares Outstanding | 1,400,000 |
| Ask | $47.66 | Dividends | $0.00 |
| Top 10 Holdings | |
|---|---|
| Intel Corp (INTC) | 8.43% |
| Broadcom Corp (BRCM) | 7.98% |
| Applied Matls Inc (AMAT) | 7.80% |
| Texas Instrs Inc (TXN) | 7.75% |
| Taiwan Semiconductor Mfg Ltd (TSM) | 7.67% |
| Micron Technology Inc (MU) | 4.87% |
| Nvidia Corp (NVDA) | 4.29% |
| Cree Inc (CREE) | 4.25% |
| Sandisk Corp (SNDK) | 4.21% |
| Lam Research Corp (LRCX) | 4.12% |
| % of Total Holdings | 61.40% |
