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Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 29 Bear Market Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -33.88 percent over the past year, -31.10 percent over the past three years, -40.25 percent over the past five years, and -30.64 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||-22.7%|
|3 Years (Annualized)||-31.1%|
|5 Years (Annualized)||-40.3%|
|10 Years (Annualized)||-30.6%|
The investment seeks monthly investment results, before fees and expenses, of 200% of the inverse (or opposite) of the calendar month performance of the Russell 2000® Index. The fund, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the Russell 2000® Index (the "Index") and/or financial instruments that, in combination, provide leveraged and unleveraged exposure to the index with the fund creating short positions. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000® Index. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Direxion Monthly Small Cap Bear 2X Fund has an expense ratio of 1.90 percent.
Risk is N/A compared to funds in the same category according to Morningstar.