Direxion Daily Real Estate Bear 3X Shares
DRV
$44.38
-$0.05-0.11%
Rating
Fund Information
ETF
Services Offered
None
Top Holdings
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Company Information
Direxion Funds
Paul Brigandi (14), Tony Ng (8)
Direxion Funds
1301 Avenue Of The Americas ( 6th Avenue)
New York NY - 10019
1301 Avenue Of The Americas ( 6th Avenue)
New York NY - 10019
United States
646-572-3390
Investment Strategy
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the Real Estate Select Sector Index. The fund invests at least 80% of the fund’s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index is provided by S&P Dow Jones Indices and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. The fund is non-diversified.