Direxion Daily Gold Miners Bull 3x Shares

NUGT


View Daily Gold Miners Bear 3x Shares

Symbol Fund Index/Benchmark Daily Target Bloomberg Index Symbol
3x ETFs
NUGT Daily Gold Miners Bull 3x Shares NYSE Arca Gold Miners Index 300% GDM

Cusip 25459W 250

Inception date 12.8.10

 

Fund Objective

The Daily Gold Miners Bull 3x shares seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE Arca GoldMiners Index ("Gold Miners Index"). There is no guarantee the fund will meet its stated investment objective.

Target Index

The NYSE Arca Gold Miners Index is comprised of publicly traded companies that operate globally in both developed and emerging markets, and are involved primarily in the mining for gold and silver. One cannot invest in an index.

Index Country Weightings

Canada 63.45%
United States 15.48%
South Africa 12.67%
Peru 4.82%
Jersey 3.58%

 

Data as of 03/31/2012 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.