The funds seek daily investment results, before fees and expenses, of 300% or -300% of the performance of the price performance of NYSE Arca GoldMiners Index (for NUGT and DUST) and the Market Vectors Junior Gold Miners Index (for JNUG and JDST). There is no guarantee that these funds will achieve their stated investment objectives.
Whether you’re a bull or a bear, Direxion offers investors leveraged exposure to Gold Miners and Junior Gold Miners. These Direxion Shares ETFs provide the opportunity to:
- Magnify your outlook by in either direction
- Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
- Stay agile – with liquidity to trade through rapidly changing markets
These leveraged ETFs seek a return that is 300% or -300% of the return of their benchmark index for a single day. The funds should not be expected to provide three times or negative three times the return of the benchmark’s cumulative return for periods greater than a day.
|Ticker||Fund Name||Index/Benchmark (Bloomberg Symbol)||Target||Prospectus|
|NUGT||Daily Gold Miners Index Bull 3X Shares||NYSE Arca Gold Miners Index (GDMNTR)||300%||Prospectus|
|DUST||Daily Gold Miners Index Bear 3X Shares||NYSE Arca Gold Miners Index (GDMNTR)||-300%||Prospectus|
|JNUG||Daily Junior Gold Miners Index Bull 3X Shares||MVIS Global Junior Gold Miners Index (MVGDXJTR)||300%||Prospectus|
|JDST||Daily Junior Gold Miners Index Bear 3X Shares||MVIS Global Junior Gold Miners Index (MVGDXJTR)||-300%||Prospectus|
|All data as of 6/30/2018|
|Ticker||Fund Name||1 Mo %||3 Mo %||YTD %||1 YR %||3 YR %||5 YR %||10 YR %||Since Inception||Inception Date||Expense Ratio* (Gross/Net %)|
|NUGT||Daily Gold Miners Index Bull 3X Shares||NAV||-3.06||-22.92||-19.15||-27.74||-44.59||-57.32||1.20 / 1.20*|
|DUST||Daily Gold Miners Index Bear 3X Shares||NAV||0.21||-6.13||2.09||-22.07||-70.19||-61.91||-38.46||1.06 / 1.08*|
|JNUG||Daily Junior Gold Miners Index Bull 3X Shares||NAV||-1.37||0.66||-23.12||-26.35||-28.39||-57.23||1.18 / 1.18*|
|JDST||Daily Junior Gold Miners Index Bear 3X Shares||NAV||0.22||-7.24||-1.32||-20.84||-80.56||-74.04||1.07 / 1.10*|
|Ticker||Fund Name||NAV||NAV Change $||NAV Change %||Market Price Closing||Market Price Closing Change($)||Market Price Closing Change(%)||Premium / Discount|
|NUGT||Daily Gold Miners Index Bull 3X Shares||13.59||-3.02||-18.18||13.60||-3.06||-18.37||0.01|
|DUST||Daily Gold Miners Index Bear 3X Shares||40.29||6.08||17.77||40.37||6.20||18.14||0.08|
|JNUG||Daily Junior Gold Miners Index Bull 3X Shares||7.96||-1.70||-17.60||7.95||-1.71||-17.70||-0.01|
|JDST||Daily Junior Gold Miners Index Bear 3X Shares||81.22||12.10||17.51||81.44||12.42||17.99||0.22|
|Ticker||Fund Name||Record Date||Ex Date||Pay Date||Income Dividend||Short-Term Capital Gain||Long-Term Capital Gain|
|NUGT||Daily Gold Miners Index Bull 3X Shares||0.06459|
|DUST||Daily Gold Miners Index Bear 3X Shares||0.03035|
|JNUG||Daily Junior Gold Miners Index Bull 3X Shares||0.01322738|
|JDST||Daily Junior Gold Miners Index Bear 3X Shares||0.01359|
* The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.90% for JNUG and NUGT, 0.95% for JDST, and 0.94% for DUST. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”) has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse each Fund for Other Expenses through September 1, 2019, to the extent that the Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds website at www.direxioninvestments.com.
Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus or summary prospectus. Index performance does not include any fees or expenses, are unmanaged and cannot be invested in directly.