C
Direxion Daily MSCI India Bull 2x Shares INDL
$50.44 $0.7591.53%
Recommendation
Closing Price
NAV
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Fund Information
Fund Type
ETF
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
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Asset Allocation
Cash
Stock
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Preferred
Convertible
Other
Services Offered
None
Top Holdings
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Performance
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Company Information
Provider
Direxion Funds
Manager/Tenure
(Years)
Paul Brigandi (14), Tony Ng (9)
Address
Direxion Funds
1301 Avenue Of The Americas ( 6th Avenue)
New York NY - 10019
Country
United States
Phone Number
646-572-3390
Investment Strategy
The investment seeks investment results, before fees and expenses, of 200% of the daily performance of the MSCI India Index. The index is designed to measure the performance of the large- and mid-capitalization segments of the Indian equity market, covering approximately 85% of the Indian equity universe. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.
Weiss Ratings