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Financial Statements Direxion Daily Energy Bear 2X Shares ERY

The investment seeks daily investment results, before fees and expenses, of 200% of the inverse of the daily performance of the Energy Select Sector Index. 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... see more