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Direxion Daily Energy Bull 2X Shares V.ERX


Primary Symbol: ERX

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 at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund is non-diversified.


ARCA:ERX - Post by User

Direxion Daily Energy Bull 2X Shares > V.ERX - Market Cap is less than Cash on Balance Sheet
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Comment by nanaimo16on Apr 04, 2017 11:15am
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Post# 26073118

RE:V.ERX - Market Cap is less than Cash on Balance Sheet

RE:V.ERX - Market Cap is less than Cash on Balance Sheet
The Company is seeking to reduce public company expenses... what the heck does that mean?????
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