Direxion Monthly Latin America Bull 2X Fund Investor ClassDXZLX
| 38.31 | 32.25 - 44.83 | -0.01 | ||||
| NAV in USD | NAV change | 52-week range | 3-yr sharpe ratio |
|---|
Total returns on $10,000
Objective
The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the S&P® Latin America Index.
The fund, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that, in combination, provide leveraged exposure to the index with the fund creating long positions. On a day-to-day basis, the fund may hold short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles, including U.S. government securities and repurchase agreements. The fund is non-diversified.
Profile
| Fund type | Open Ended Investment Company |
|---|---|
| Morningstar category | Latin America Stock |
| Launch date | 01/05/2006 |
| Price currency | USD |
| Domicile | United States |
| Symbol | DXZLX |
| Manager & start date | Paul Brigandi 01/05/2006 Tony Ng 01/05/2006 |
Investment
| Pricing frequency | Daily |
|---|---|
| Total net assets | 20.95m USDAs of Apr 30 2013 |
| Net expense ratio | 1.90% |
| Front end load | -- |
| Deferred load | -- |
| Redemption fee | -- |
| Min. initial investment | 25,000 USD |
| Min. additional investment | 500.00 USD |
| Initial IRA | 25,000 USD |
| Additional IRA | 0.00 USD |
| Available for sale | United States |
Diversification
Asset type
Non-US stock | 100.00% |
|---|---|
Cash | 0.00% |
Other | 0.00% |
US stock | 0.00% |
Bond | 0.00% |
Top 5 sectors
Sector weighting data is unavailable.
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| S&P Lat Am Swap Ml | -- | 100.00% |