Direxion Daily Total Bond Market Bear 1x Shares

SAGG

 

Symbol Fund Index/Benchmark Daily Target Bloomberg Index Symbol
1x Bear
SAGG Daily Total Bond Market Bear 1x Shares Barclays Capital US Aggregate Bond Index -100% LBUSTRUU

Cusip 25459Y 306

Inception date 03.23.11

 

Fund Objective

The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse of the performance of the Barclay's Capital U.S. Aggregate Bond Index. There is no guarantee the fund will meet its stated investment objective.

Target Index

The U.S. Aggregate Bond Index is a broad-based benchmark that measures the investment grade, U.S. dollar-denominated, and fixed-rate taxable bond market; including Treasuries, government-related securities, corporate securities, Mortgage Backed Securities, Asset Backed Securities, and Commercial Mortgage Backed Securities. One cannot invest directly in an index.

Sector Weightings

Treasury  35.13%
Government-Related  10.97%
Corporate 20.36%
Securitized 33.54%

 

Index Holdings

Aaa  74.32%
A 5.46%
Baa 10.81%
Aa 9.41%

 

 

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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The credit ratings are published rankings based on detailed financial analyses by a credit bureau, specifically as it relates to the bond issuer's ability to meet debt obligations. The highest rating is AAA, and the lowest is D. Securities with credit ratings of BBB and above are considered investment grade.

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.