4 / 5 Stars
4 4 1 4 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
U.S. News evaluated 3 Trading-Leveraged Debt 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 4.44 percent over the past year, 7.71 percent over the past three years, and 7.16 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||10.0%|
|3 Years (Annualized)||7.7%|
|5 Years (Annualized)||7.2%|
|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. 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 1.83 percent.
Risk is Average compared to funds in the same category according to Morningstar.