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Bullboard - Stock Discussion Forum
Direxion Daily Consumer Discretionary Bull 3X Shs
WANT
The investment seeks daily investment results before fees and expenses of 300% of the daily performance of the Consumer Discretionary Select Sector Index. The fund under normal circumstances invests at least 80% of its net assets plus borrowing for investment purposes in financial instruments such as swap agreements 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 SP Dow Jones Indices the index provider and includes domestic companies from the consumer discretionary sector. It is nondiversified. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, 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.
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