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Direxion Mthly Dollar Bull 2X Inv

 (MUTF:DXDBX)   Watch this mutual fund
Find more results for DXDBX

Performance

Trailing returns

1 day   +0.54%
   
1 week
   
-1.22%  
4 week
   
-0.46%  
3 month
   
-10.27%  
YTD
   
-26.12%  
1 year
   
-40.35%  
3 years*   +0.00%  
5 years*   +0.00%  
*annualized
Best 3 month return+46.08%  
Worst 3 month return-26.10%  

Morningstar statistics

Morningstar category: Currency

Key statistics

Total assets3.85M 
Front load-  
Deferred load-  
Expense ratio1.99%  
Management fee-  
Fund familyDirexion Funds 

Asset allocation

Cash100.00%  
Stocks0.00%  
Bonds0.00%  
Other0.00%  

Purchase information

Initial$25,000  
Additional$500  
IRA Initial$25,000  
AIP Initial$25,000  
AIP Additional$500  
26.16 +0.22 (0.85%)
Nov 20, 8:00PM EST

Description

The investment seeks monthly investment results, before fees and expenses, of 200% of the price performance of the U.S. Dollar index. The fund normally invests at least 80% of assets in financial instruments that, in combination, provide leveraged exposure to the U.S. Dollar index. It creates long positions. These financial instruments include foreign currency debt instruments, forward contracts on foreign currencies, currency futures contracts, options on currency futures contracts, swap agreements, options on currencies and foreign currencies directly. It is nondiversified.
Fund filings (PDF) »
Asset managers:
Adam Gould (Started: Dec 28, 2007)
Tony Ng (Started: Dec 29, 2006)
Aram Babikian (Started: Dec 29, 2008)
Paul Brigandi (Started: May 5, 2006)
Advisor Company:
Rafferty Asset Management, LLC
Fund family reports on Morningstar »
33 Whitehall St., 10th Floor, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -11.34     -     -     -
Beta* -19.27     -     -     -
Mean annual return -3.34     -     -     -
R-squared* 7.38     -     -     -
Standard deviation 28.71     -     -     -
Sharpe ratio -1.40     -     -     -
* Against standard index

Top 10 holdings

Security Net Assets  
Goldman Sachs FS Government FST 100.00%