1 / 5 Stars
3 3 1 4 2
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 33 Commodities Broad Basket 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 -2.50 percent over the past year, -2.42 percent over the past three years, and -14.90 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.7%|
|3 Years (Annualized)||-2.4%|
|5 Years (Annualized)||-14.9%|
|10 Years (Annualized)||N/A|
The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month price performance of the Morgan Stanley® Commodity Related Equity Index. The fund, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the Morgan Stanley® Commodity Related Equity Index (the "Index") and/or financial instruments that, in combination, provide leveraged and unleveraged exposure to the index with the fund creating long positions. It is non-diversified.
Fees are Low compared to funds in the same category.
Direxion Monthly Commodity Bull 2X Fund has an expense ratio of 1.90 percent.
Risk is High compared to funds in the same category according to Morningstar.