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| Symbol | Fund | Index/Benchmark | Daily Target | Bloomberg Index Symbol |
| 3x ETFs | ||||
| ERX | Daily Energy Bull 3x Shares | Russell 1000 Energy | 300% | RGUSEL |
Cusip 25459W 888
Inception date 11.06.08
Fund Objective
The Energy Bull 3X ETF seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000® Energy Index ("Energy Index"). There is no guarantee the fund will meet its stated investment objective.
Target Index
The Russell 1000 Energy Index consists of energy-related businesses, such as oil companies involved in the exploration, production, servicing, drilling and refining processes, and companies primarily involved in the production and mining of coal and other fuels used in the generation of consumable energy. Also included are gas distribution, gas pipeline and other such companies. One cannot directly invest in an Index.
Index Sector Weightings
| Integrated Oil & Gas | 55.7% |
| Oil & Gas Exploration & Produc | 19.2% |
| Oil & Gas Equipment & Serv | 14.8% |
| Oil & Gas Storage & Transport | 3.7% |
| Oil & Gas Refining & Marketing | 2.4% |
| Coal & Consumable Fuels | 1.9% |
| Oil & Gas Drilling | 1.6% |
| Semiconductors | 0.4% |
| 0.3% |
Data as of 09/30/2011 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 and summary prospectus contain this and other information about Direxion Shares. Click here to obtain a prospectus and summary prospectus. The prospectus and summary prospectus should be read carefully before investing.
The Funds are designed to be utilized only by sophisticated investors, such as traders and active investors employing dynamic strategies. Such investors are expected to monitor and manage their portfolios frequently. Investors in the Funds should (a) understand the consequences of seeking daily investment results, (b) understand the risk of shorting, and (c) intend to actively monitor and manage their investments.
An investment in the Funds involve risk, including the possible loss of principal. The Funds are non-diversified and include risks associated with concentration risk that results from the Funds' investments in a particular industry or sector which can increase volatility. The use of derivatives such as futures contracts, forward contracts, options and swaps are subject to market risks that may cause their price to fluctuate over time. The Fund does not attempt to, and should not be expected to, provide returns which are a multiple of the return of the Index for periods other than a single day. For other risks including correlation, leverage, compounding, market volatility and specific risks regarding each sector, please read the prospectus.
Distributor: Foreside Fund Services, LLC.