Direxion Daily 20+ Year Treasury Bear 3x Shares ETF (TMV)

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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 NYSE 20 Year Plus Treasury Bond 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 is a multi-security index that includes all qualified U.S. Treasury bonds. The fund is non-diversified.

Fund Snapshot Updated 05.21.2013

Previous Close $54.87 Expense Ratio 0.95%
YTD Return 1.1% Avg. 30-Day Volume 437,027
1-Year Return 8.8% Market Cap Loading...
Bid $54.86 Shares Outstanding 7,499,000
Ask $54.90 Dividends $0.00
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