The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000® Financial Services Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.
|Total net assets|
543.07m USDAs of Apr 30 2013
|Market cap||545.64m USD|
|Average volume (10-day)||5.84m|
|Net expense ratio||1.01%|
|Available for sale||Mexico, United States|
Top 5 sectors
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
|Russ 1000 Finan Indx Swap||--||-75.18%|
|Russ 1000 Finan Indx Swap||--||-68.34%|
|Russ 1000 Finan Indx Swap||--||-49.73%|
|Russ 1000 Finan Indx Swap||--||-41.00%|
|Russ 1000 Finan Indx Swap||--||-39.40%|