Direxion Indexed Managed Futures Strategy Fund

U.S. News evaluated 51 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 -5.00 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 3.3%
1 Year -5.0%
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 either direction) 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 fund's use of Financial Instruments will have the economic effect of financial leverage. The Auspice Managed Futures Index aims to capture upward and downward trends in the commodity, currency and financial markets. It is non-diversified.

Fees

Fees are 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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