Highlights
AMEX: YANG       FTSE China Bear 3X Direxion
Last Price Today's Change   Day's Range   Trading Volume
19.57   -0.23 (1.16%)  19.57 - 20.07  290,300

Overview

 
Avg Volume (4 weeks):383,700
4 Weeks Range:19.57 - 26.54
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range:19.57 - 70.38
52 Weeks Price Volatility (%):
0.00%
Average Price Target:-

Headlines



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Business Background

Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation. Under normal circumstances, it focuses on creating short positions, by investing at least 80% of its net assets 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; forward contracts; repurchase agreements, and reverse repurchase agreements. The Fund's investment adviser is Rafferty Asset Management LLC.

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