Direxion Monthly Emerging Markets Bull 2X Fund

Class Inv (DXELX)
Scorecard
1 / 5 Stars
Lipper
1 1 1 5 5
Zacks Investment Research
4 (Sell)
Standard & Poor's
1 / 5 Stars
TheStreet.com
E- (Sell)

#35 in Trading-Leveraged Equity

U.S. News evaluated 45 Trading-Leveraged Equity 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 22.29 percent over the past year, -11.42 percent over the past three years, and 6.23 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.2%
1 Year 22.3%
3 Years (Annualized) -11.4%
5 Years (Annualized) 6.2%
10 Years (Annualized) N/A

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Summary

The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the MSCI Emerging Markets IndexSM. The fund, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that, in combination, provide leveraged exposure to the index. On a day-to-day basis, it may hold money market funds and/or short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles, including U.S. government securities and repurchase agreements. The fund is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Direxion Monthly Emerging Markets Bull 2X Fund has an expense ratio of 1.89 percent.

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Risk

Risk is High compared to funds in the same category according to Morningstar.

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