Direxion Long/Short Global Currency Fund

U.S. News evaluated 22 Multicurrency 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

Trailing Returns Updated 02.28.2014
Year to date -1.7%
1 Year N/A
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks capital appreciation. During normal market conditions, the fund seeks to achieve its investment objective by having at least 80% of the value of its net assets (plus the amount of any borrowing for investment purposes) exposed to a broad universe of 19 developed and emerging market global currencies through investments in Currency-Related Instruments, each valued relative to the U.S. Dollar. It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Direxion Long/Short Global Currency Fund has an expense ratio of 1.24 percent.

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Risk

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

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