Highlights
AMEX: LBJ       Latin America Bull 3X Direxion
Last Price Today's Change   Day's Range   Trading Volume
18.41   0.00 (0.00%)  0.00 - 0.00  0

Overview

 
Avg Volume (4 weeks):19,605
4 Weeks Range:18.41 - 24.24
4 Weeks Price Volatility (%):
75.95%
52 Weeks Range:14.275 - 28.99
52 Weeks Price Volatility (%):
63.50%
Average Price Target:-

Headlines



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Business Background

Direxion Daily Latin America Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the S&P Latin America 40 Index (Latin America Index). The S&P Latin America 40 Index is an equity index drawn from five Latin American markets: Argentina, Brazil, Chile, Mexico and Peru. Under normal circumstances, the Fund focuses on creating long positions, by investing at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities that comprise its underlying index and/or futures contracts; options on securities, indices and futures contracts; equity caps, collars and floors; swap agreements; forward contracts; short positions; repurchase agreements; reverse repurchase agreements, and other financial instruments, (collectively, Financial Instruments) that, in combination, provide leveraged and unleveraged exposure to its underlying index. The Fund's investment adviser is Rafferty Asset Management LLC.

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