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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

Comment by oilkidon Feb 24, 2011 6:22pm
238 Views
Post# 18190517

RE: target finally met

RE: target finally metBeachseeker,

I'm new to this shorting side of the stock market. I checked out TVIX and seen that there was 4 different types, regarding  this symbol. Which one do you recommend to invest in? or are they all the same?

Thxs in advanced
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