MutualFundWire.com: Direxion Points to Russia
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Wednesday, May 25, 2011

Direxion Points to Russia


Dan O'Neill and his team at Direxion have rolled out ETFs that provide leveraged long and short exposure to Russia and the agribusiness sector. [SEC filing]

The leveraged Bull and Bear ETFs -- Direxion Daily Russia Bull 3x Shares, Daily Russia Bear 3x Shares, Daily Agribusiness Bull 3x Shares, Daily Agribusiness Bear 3x Shares -- seek 300 percent of the daily performance, or 300 percent of the inverse of the daily performance (before fees and expenses), of the DAX globalRussia+Index and DAXglobal Agribusiness Index.


Printed from: MFWire.com/story.asp?s=36903

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