| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
5
5
1
4
1
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
---
|
|
TheStreet.com
C+
(Hold)
|
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.
Performance
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% |
| 1 Year | -5.4% |
| 3 Years (Annualized) | 9.9% |
| 5 Years (Annualized) | 11.1% |
| 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 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
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
Risk is Average compared to funds in the same category according to Morningstar.
