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Direxion Daily Russia Bear 3X Shares (RUSS)

-NYSEArca

18.15 Up 0.45(2.54%) 25 May 04:00 SGT

Profile as of Mar 31, 2013Get Profile for:
Direxion Daily Russia Bear 3X Shares

Phone: 866-476-7523
Fund Overview 
Category: Trading-Inverse Equity
Fund Family: Direxion Funds
Net Assets:7.92M
Yield:0.00%
Fund Inception Date:May 25, 2011
Legal Type:Exchange Traded Fund
Morningstar Style Box 
Trading-Inverse Equity
[View Category Definition]

About the Morningstar Style Box

Style box information not available for RUSS.


Fund Summary 
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Market Vectors Russia Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the index. The index is a rules-based index, intended to represent the overall performance of publically traded companies that are domiciled and primarily listed on an exchange in Russia or that are not Russian companies, but nonetheless generate at least 50% of their revenues in Russia. The fund is non-diversified.

Fund Operations 
 RUSSCategory Avg
Total Expense Ratio0.95%N/A
Annual Holdings Turnover0.00%N/A
Total Net AssetsNaNN/A