Direxion All Cap Insider Sentiment Shares

KNOW

 

Symbol Fund Index/Benchmark Bloomberg Index Symbol
KNOW Direxion All Cap Insider Sentiment Shares Sabrient Multi-Cap Insider/Analyst Quant-Weighted Index SBRQAM

Cusip 25459Y769

Inception date 12.08.11

 

Fund Objective

The Direxion All Cap Insider Sentiment Shares ETF seeks investment results, before fees and expenses, that track the Sabrient Multi-Cap Insider/Analyst Quant-Weighted Index. There is no guarantee the fund will meet its stated investment objective.

Target Index

The Sabrient Multi-Cap Insider/Analyst Quant-Weighted Index is a quantitatively-weighted index comprised of 100 of the top publicly-traded companies in the S&P 1500 Index. The Index reflects positive sentiment among those "insiders" closest to a company's financials and business prospects, such as top management, directors, large institutional holders, and the Wall Street research analysts who follow the company. One cannot invest in an index.

Sector Weightings

Top Ten Holdings

Lincoln National Corp. 2.60%
Stone Energy Corp. 2.55%
MetLife Inc. 2.50%
HollyFrontier Corp. 2.45%
Valero Energy Corp. 2.40%
Smithfield Foods Inc. 2.35%
Gannett Co Inc. 2.30%
Tyson Foods Inc.
2.26%
La-Z-Boy Inc. 2.21%
Hess Corp. 2.17%
 

 

 

 

Data as of 12/06/2011 is subject to change at any time.

Regulatory Documents (including Prospectus, SAI, Semi-Annual Report and Annual Report)

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The Fund is newly organized and has not yet commenced operations; therefore, performance information is not yet available. In the future, performance information for the Fund will be presented in this section. Performance information also will be available on the Fund's website at http://direxionshares.com/etfs or by calling the Fund toll free at 1-866-476-7523.

An investor should consider the investment objectives, risks, charges, and expenses of Direxion Shares carefully before investing. The prospectus and summary prospectus contain this and other information about Direxion Shares. Click here to obtain a prospectus and summary prospectus or visit our website at www.direxionshares.com. The prospectus and summary prospectus should be read carefully before investing.

Shares of Direxionshares are bought and sold at the market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market Price returns are based upon the midpoint of the bid/ask spread at 4:00 pm EST (when NAV is normally determined) and do not represent the returns you would receive if you traded shares at other times. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. Some performance results reflect expense subsidies and waivers in effect during certain periods shown. Absent these waivers, results would have been less favorable.

Risks:

The Risks associated with the Direxion All Cap Insider Sentiment Shares ETF include: Adverse Market Conditions Risk, Adviser's Investment Strategy Risk, Counterparty Risk, Derivatives Risk, Futures and Forward Contracts Risk, Hedging Risk, Options Risk, Swap Risk, Early Close/Trading Halt Risk, Equity Securities Risk, High Portfolio Turnover Risk, Liquidity Risk, Market Risk, Non-Diversification Risk, Regulatory Risk, Risks of investing in other Investment Companies and ETFs, Tax and Distribution Risk, Tracking Error Risk, and Special Risks of Exchange-Traded Funds. See prospectus for specific fund details regarding risk.

Distributor: Foreside Fund Services LLC