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Direxion Daily Financial Bear 3x Shares FAZ

The Fund seeks daily investment results before fees and expenses of 300% of the inverse or opposite of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the funds net assets (plus borrowing for investment purposes). The index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large-capitalization U.S. equity market. It is non-diversified.


ARCA:FAZ - Post by User

Direxion Daily Financial Bear 3x Shares
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Comment by ARNULFon Oct 19, 2011 2:40pm
116 Views
Post# 19163990

RE: RE: RE: So anyone care to explain....

RE: RE: RE: So anyone care to explain....I don`t think $h!t twist does anything but keep they long term interest rates low. Its killing the MFC and Sunlife right now. I`m scared of a stealth QE. But i think its just a good old fashion pump and dump and the dump is just starting.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities