New York—January 22, 2015—Direxion Investments announces the launch of the asset management industry’s first 1.25x exchange-traded funds (ETFs). The four new Lightly Leveraged investment vehicles seek to achieve 125% of the daily performance of their respective benchmarks and are competitively priced.
The Fund will close to new investments as of the close of regular trading on the NYSE on February 6, 2015. The Fund’s assets will be converted to cash and the Fund will no longer pursue its stated investment objectives after the close of trading on February 13, 2015. The Fund will be liquidated on February 20, 2015.
Direxion and Hilton Capital Partner To Provide a Multi-Asset Income Strategy
New York—December 18, 2015—Direxion has expanded its actively managed mutual fund family. The Hilton Yield Plus Fund, managed by Hilton Capital Management, is now the Direxion Hilton Tactical Income Fund (HCYAX/ HCYIX).
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Our Approach A Tradition of Innovation Continues
Direxion Investments is a powerful ally for strategic and tactical investors seeking fresh solutions to challenge old standards. We offer highly liquid, institutional-style ETFs and Mutual Funds that offer directional options, magnified exposure, and long-term strategic-index based solutions.