4 / 5 Stars
4 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 -5.40 percent over the past year, 8.19 percent over the past three years, and 4.34 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||6.0%|
|3 Years (Annualized)||8.2%|
|5 Years (Annualized)||4.3%|
|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.