4 / 5 Stars
5 5 1 4 1
Zacks Investment Research
5 (Strong Sell)
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 -9.25 percent over the past year, 3.99 percent over the past three years, and 9.23 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-8.8%|
|3 Years (Annualized)||4.0%|
|5 Years (Annualized)||9.2%|
|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 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 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 is Average compared to funds in the same category according to Morningstar.