Direxion Mthly Dollar Bear 2X Inv

 (MUTF:DXDDX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week
   
-0.05%  
4 week
   
-0.94%  
3 month   +3.33%
   
YTD   +3.33%
   
1 year
   
-7.14%  
3 years*   +5.94%
   
5 years*   +1.27%
   
*annualized
Best 3 month return+28.60%  
Worst 3 month return-33.93%  

Morningstar statistics

Morningstar category: Bear Market

Key statistics

Total assets2.48M 
Front load-  
Deferred load-  
Expense ratio1.93%  
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  
21.080.00(0.00%)
Mar 30, 4:00PM EDT

Description

The investment seeks monthly investment results, before fees and expenses, of 200% of the inverse of the calendar month price performance of the U.S. Dollar´┐Ż Index. The fund normally invests at least 80% of net assets in financial instruments that, in combination, provide leveraged exposure to the index with the fund creating net short positions. It is non-diversified.
Fund filings (PDF) »
Asset managers:
Tony Ng (Started: Jun 13, 2006)
Paul Brigandi (Started: Jun 13, 2006)
Advisor Company:
Rafferty Asset Management, LLC
Fund family reports on Morningstar »
Direxion Funds, 33 Whitehall St., 10th Floor, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -7.70 -11.27 1.84     -
Beta* 0.80 0.90 0.74     -
Mean annual return -0.22 0.88 0.39     -
R-squared* 49.63 45.51 35.48     -
Standard deviation 18.94 22.17 23.67     -
Sharpe ratio -0.14 0.47 0.15     -
* Against standard index

Top 10 holdings