D
Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares UBOT
$22.12 $0.80253.77%
Recommendation
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NAV
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Fund Information
Fund Type
ETF
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Prospectus Objective
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Open/Closed to New Investors
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Cash
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Services Offered
None
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Performance
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Company Information
Provider
Direxion Funds
Manager/Tenure
(Years)
Paul Brigandi (5), Tony Ng (5)
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 daily investment results of 200% of the daily performance of the Indxx Global Robotics and Artificial Intelligence Thematic Index. The index provides exposure to companies in developed markets that are expected to benefit from the adoption and utilization of robotics and/or artificial intelligence. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and 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