DXSSX Direxion Monthly S&P 500 Bear 2X Fund Investor Class

This is an open ended mutual fund. Seeks monthly investment results before fees and expenses of 200% of the inverse or opposite of the calendar month performance of the S&P 500 Index. The Index is a capitalization-weighted index made up of 500 widely held large-cap U.S. stocks spread out among eleven sectors of the economy using the GCIS sector classification system. It is not the largest 500 companies in the U.S., but rather 500 companies picked by a committee at S&P. These experts consider various factors when determining the 500 stocks that are included in the index, including market size, liquidity and industry grouping. See more discussion of this index in our article what is the S&P 500 Index?

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As of 07/27/2021


Mutual Fund Information
Sponsor:     Direxion Funds
Category1:  US Equity
Category2:  Broad market
Category3:  Large cap
Morningstar category:  Bear Market
Investment style: Passively tracks an index
Leverage factor:  -2.00
Inception date:     05/01/2006
Market cap:     $0
Current yield:     1.12%
Fees:     1.4600%
All SEC Filings:  SEC Edgar Online
Summary Prospectus:  497
Semi-Annual filings:  N-CSR
Quarterly holdings:  NPORT
CUSIP:  254939218
ISIN:    US2549392189

Index Information
S&P 500 Index
Index symbol:  SPX
Provider:   S&P Dow Jones
Index weighting:   Market capitalization
Index inception date:  03/04/1957
Backtesting data exists:   No
Number of holdings:  500
Strategy:  Passive market cap indexing

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