| Scorecard |
|---|
|
1 / 5 Stars
|
|
Lipper
1
1
1
4
3
|
|
Zacks Investment Research
5
(Strong Sell)
|
|
Standard & Poor's
1 / 5 Stars
|
|
TheStreet.com
E-
(Sell)
|
#8 in Latin America Stock
U.S. News evaluated 12 Latin America Stock Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned -12.21 percent over the past year, -10.57 percent over the past three years, and -24.16 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | -4.1% |
| 1 Year | -12.2% |
| 3 Years (Annualized) | -10.6% |
| 5 Years (Annualized) | -24.2% |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the S&P® Latin America Index. The fund, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that, in combination, provide leveraged exposure to the index with the fund creating long positions. On a day-to-day basis, the fund may hold short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles, including U.S. government securities and repurchase agreements. The fund is non-diversified.
Fees
Fees are Above Average compared to funds in the same category.
Direxion Monthly Latin America Bull 2X Fund has an expense ratio of 1.90 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
