Direxion Monthly Small Cap Bull 2X Fund

Class Inv (DXRLX)
Scorecard
2 / 5 Stars
Lipper
3 4 1 5 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
2 / 5 Stars
TheStreet.com
C- (Hold)

#16 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 48.54 percent over the past year, 25.79 percent over the past three years, 39.70 percent over the past five years, and 0.75 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 5.2%
1 Year 48.5%
3 Years (Annualized) 25.8%
5 Years (Annualized) 39.7%
10 Years (Annualized) 0.7%

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Summary

The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the Russell 2000® Index. 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 and unleveraged 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 Small Cap Bull 2X Fund has an expense ratio of 1.90 percent.

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Risk

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

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