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� 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) »
Tony Ng (Started: Jun 13, 2006)
Paul Brigandi (Started: Jun 13, 2006)
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Direxion Funds, 33 Whitehall St., 10th Floor, USA