4 / 5 Stars
5 5 1 4 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
U.S. News evaluated 15 Long Government 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 -5.45 percent over the past year, 9.88 percent over the past three years, and 11.11 percent over the past five years.
|Trailing Returns||Updated 05.31.2013|
|Year to date||-4.7%|
|3 Years (Annualized)||9.9%|
|5 Years (Annualized)||11.1%|
|10 Years (Annualized)||N/A|
The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the NYSE 7-10 Year Treasury Bond Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the U.S. government securities that comprise the NYSE 7-10 Year Treasury Bond Index and/or: financial instruments that, in combination, provide leveraged and unleveraged exposure to the index with the fund creating long positions. The index is a multi-security index that includes all qualified U.S. Treasury bonds. The fund is non-diversified.
Fees are High compared to funds in the same category.
Direxion Monthly 7-10 Year Treasury Bull 2X Fund has an expense ratio of 1.90 percent.
Risk is Average compared to funds in the same category according to Morningstar.