Direxion Currency Trds Strtgy Plus A

 (MUTF:DXFTX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.01%
   
1 week
   
-0.03%  
4 week   +0.06%
   
3 month
   
-2.25%  
YTD
   
-13.70%  
1 year
   
-13.82%  
3 years*
   
-7.45%  
5 years*   +0.00%  
*annualized
Best 3 month return+3.00%  
Worst 3 month return-8.02%  

Morningstar statistics

Morningstar category: Currency

Key statistics

Total assets7.18M 
Front load5.50%  
Deferred load-  
Expense ratio1.40%  
Management fee-  
Fund familyDirexion Funds 

Asset allocation

Cash0.00%  
Stocks0.00%  
Bonds100.00%  
Other0.00%  

Purchase information

Initial$2,500  
Additional$0  
IRA Initial$1,000  
AIP Initial$2,500  
AIP Additional$500  
23.790.00(0.01%)
Oct 24, 4:00PM EDT

Description

The investment seeks investment results, before fees and expenses, of 150% of the calendar month performance of the Alpha Financial FX Trends Index ("FXTI"), while implementing a strategic overlay to maintain the fund's exposure to the FXTI between 145% and 155%. The fund invests primarily in currency and financial futures contracts, options and swap contract that provide leveraged and unleveraged exposure to the FXTI. It also may invest in ETFs and other investment companies that provide exposure to currency, financial and equity securities. The fund is non-diversified.
Fund filings (PDF) »
Asset managers:
Tony Ng (Started: Oct 31, 2010)
Paul Brigandi (Started: Mar 2, 2009)
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* -14.39 -1.49     -     -
Beta* -10.51 -23.52     -     -
Mean annual return -1.55 -0.65     -     -
R-squared* 0.32 4.38     -     -
Standard deviation 7.24 6.40     -     -
Sharpe ratio -2.58 -1.23     -     -
* Against standard index

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