Fund Description
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Technology Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.
Fund Snapshot Updated 05.17.2013
| Previous Close | $31.81 | Expense Ratio | 0.95% |
| YTD Return | 32.0% | Avg. 30-Day Volume | 64,966 |
| 1-Year Return | 48.2% | Market Cap | Loading... |
| Bid | $31.77 | Shares Outstanding | 671,000 |
| Ask | $31.89 | Dividends | $0.00 |
