Direxion Daily China Bull 3x Shares

CZM

Symbol Fund Index/Benchmark Daily Target Bloomberg Index Symbol
CZM Daily China Bull 3x Shares BNY Mellon China Select ADR Index 300% BKTCN

Cusip 25459W 771

Inception date 12.3.09

 

Fund Objective

The Direxion Daily China Bull 3x Shares seeks daily investment results, before fees and expenses, of 300% of the price performance of the BNY Mellon China Select ADR Index (the "China Index"). There is no guarantee the fund will meet its stated investment objective.

Target Index

The BNY Mellon China Select ADR Index is a free float-adjusted modified capitalization weighted index designed by BNY Mellon that tracks the performance of depositary receipts in ADR form that are listed for trading on the NYSE, NYSE Amex and Nasdaq Stock Market ("NASDAQ"). The DRs represent companies from China which meet certain criteria. As of February 26, 2010, the index is comprised of 44 constituents with an average market capitalization of over $1.0 billion dollars and a median market capitalization of $500 million dollars.

Index Sector Weightings

Telecom Services  24.67%
Industrials 18.47%
Information Tech. 15.64%
Energy 13.10%
Financials 9.83%
Consumer Discretionary 7.50%
Health Care 6.88%
Utilities 1.96%
Materials 1.95%
   

 

Data as of 12/31/2009 is subject to change at any time.

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

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An investor should consider the investment objectives, risks, charges, and expenses of Direxion Shares carefully before investing. The prospectus contains this and other information about Direxion Shares. Click here to obtain a prospectus. The prospectus should be read carefully before investing.

Investing in funds that invest in specific industries or geographic regions may be more volatile than investing in broadly diversified funds. The use of leverage by a fund means the Funds are riskier than alternatives which do not use leverage.

The ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investments. The Funds are not designed to track the underlying index over a longer period of time.

The risks associated with the funds are detailed in the prospectus which include adverse market condition risk, adviser's investment strategy risk, aggressive investment techniques risk, concentration risk, counterparty risk, credit and lower-quality debt securities risk, equity securities risk, currency exchange risk, daily correlation risk, daily rebalancing and market volatility risk, depository receipt risk, foreign and emerging markets securities risk, sector securities risk, interest rate risk, inverse correlation risk, leverage risk, market risk, non-diversification risk, shorting risk, small and mid cap company risk, tracking error risk, market timing activity and high portfolio turnover risk, investing in other investment companies and ETFs risk, commodities securities risk, geographic concentration risk, valuation time risk, derivatives risk, commodity-linked derivatives risk, wholly-owned subsidiary risk, tax risk, options and futures contracts risks, security selection risk, Debt Instrument Risk, Gain Limitation Risk, Real Estate Investment Risk, U.S. Government Securities Risk, and Special Risks of Exchange-Traded Funds. Shorting securities occurs when investors sell securities they don’t own and are committed to repurchasing eventually.

Distributor: Foreside Fund Services, LLC.