Direxion Daily Total Market Bear 1x Shares

TOTS

 

Symbol Fund Index/Benchmark Daily Target Bloomberg Index Symbol
1x ETFs
TOTS Daily Total Market Bear 1x Shares MSCI US Broad Market Index -100% MSCIBM

Cusip 25459Y 819

Inception date 06.15.11

 

Fund Objective

The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the MSCI US Broad Market Index. There is no guarantee the fund will meet its stated investment objective.

Target Index

The MSCI US Broad Market Index represents the universe of companies in the US equity market, including large, mid, small and micro cap companies. This index targets for inclusion 99.5% of the capitalization of the US equity market. The MSCI US Broad Market Index is the aggregation of the MSCI US Investible Market 2500 which targets for inclusion 2,500 companies representing the investible universe of the US equity market, and the MSCI US Micro Cap Index, which targets for inclusion approximately the bottom 1.5% of the US equity market capitalization. One cannot invest in an index.

Sector Weightings

Information Technology   18.62%
Finanicals 14.65%
Health Care 11.79%
Consumer Discretionary 11.65%
Energy 11.44%
Industrials 11.20%
Consumer Staples 10.07%
Materials 3.99%
Utilities 3.89%
Telecommunication Services 2.69%

 

 

 

Data as of 12/31/2011 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.