Fund Description
The investment seeks daily investment results that correspond to two times the inverse of the daily performance of the Barclays U.S. 3-7 Year Treasury Bond Index. The fund invests in derivatives that the advisors believe, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index includes all publicly issued U.S. Treasury securities that have a remaining maturity of more than three years and less than seven years, are non-convertible, are denominated in U.S. dollars, are rated investment grade, are fixed rate, and have more than $250 million par outstanding. It is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close | $32.07 | Expense Ratio | 0.95% |
| YTD Return | 1.0% | Avg. 30-Day Volume | 523 |
| 1-Year Return | 0.2% | Market Cap | Loading... |
| Bid | $31.82 | Shares Outstanding | 150,000 |
| Ask | $32.26 | Dividends | $0.00 |
