Direxion Indexed Managed Futures Strategy Fund

U.S. News evaluated 48 Managed Futures Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -2.92 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date -2.7%
1 Year -2.9%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks investment results, before fees and expenses, that track the performance of the Auspice Managed Futures Index. The fund is managed to track the performance of the index, which seeks to reflect trends in the commodity, currencies and financial futures markets. It will invest up to 25% of its total assets in a wholly owned and controlled subsidiary (the "Subsidiary"). The index uses a quantitative methodology to track prices of a diversified portfolio of traditional commodity, financial and currency futures contracts, or "components." The fund is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Direxion Indexed Managed Futures Strategy Fund has an expense ratio of 1.45 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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