Direxion Monthly S&P 500 Bull 1.75X Fund Investor Class
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NASDAQ
Rating
Reward
Risk
Fund Information
Fund Type
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
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Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Performance
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NAV
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Company Information
Provider
Direxion Funds
Manager/Tenure
(Years)
(Years)
Paul Brigandi (19), Tony Ng (19)
Website
Address
Direxion Funds
New York NY - 10019
New York NY - 10019
Country
United States
Phone Number
646-572-3390
Investment Strategy
The investment seeks monthly investment results, before fees and expenses, of 175% of the calendar month performance of the S&P 500® Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide monthly exposure to the index or to ETFs that track the index. The index is a float-adjusted and market capitalization-weighted index. The fund is non-diversified.