The Direxion All Cap Insider Sentiment Shares ETF seeks investment results, before fees and expenses, that track the Sabrient Multi-Cap Insider/Analyst Quant-weighted Index (SBRQAM).

Fact Sheet  Prospectus

Principal Investment Strategy

The investment strategy of the fund includes:

  • Following a quantitative rules-based equity index that seeks alpha relative to S&P 500® Index*

  • Monthly review of each of the index constituents focusing on strong insider buying and favorable analyst ratings

  • Index selection of stocks is based on S&P 1500 constituents

NAVs and market price information as of July 22, 2014

Ticker Fund Name Index/Benchmark (Bloomberg Symbol) Target Prospectus
KNOW Direxion All Cap Insider Sentiment Shares Sabrient Multi-Cap Insider/Analyst Quant-Weighted Index (SBRQAM) Prospectus
All data as of 6/30/2014
Ticker Fund Name   1 Mo % 3 Mo % YTD 1 YR % 3 YR % 5 YR % 10 YR % Since Inception Inception Date Expense Ratio* (Gross/Net %)
KNOW Direxion All Cap Insider Sentiment Shares NAV 3.74 6.86 10.20 31.28 23.86 2.20 / 0.65
Market Close 3.68 6.72 10.98 34.17 23.85
Ticker Fund Name NAV NAV Change $ NAV Change % Market Price Closing Market Price Closing Change($) Market Price Closing Change(%) Premium / Discount
KNOW Direxion All Cap Insider Sentiment Shares 65.18 0.44 0.68 65.15 0.38 0.59 -0.03
Ticker Fund Name Record Date Ex Date Pay Date Income Dividend Short-Term Capital Gain Long-Term Capital Gain
KNOW Direxion All Cap Insider Sentiment Shares 0.08206
KNOW Direxion All Cap Insider Sentiment Shares 0.18683
KNOW Direxion All Cap Insider Sentiment Shares 0.08883
KNOW Direxion All Cap Insider Sentiment Shares 1.5441
KNOW Direxion All Cap Insider Sentiment Shares 0.18716
KNOW Direxion All Cap Insider Sentiment Shares 0.20569
KNOW Direxion All Cap Insider Sentiment Shares 0.25019
KNOW Direxion All Cap Insider Sentiment Shares 0.15316
KNOW Direxion All Cap Insider Sentiment Shares 0.24716
KNOW Direxion All Cap Insider Sentiment Shares 0.17299

 

Index Description

The Sabrient Multi-Cap Insider/Analyst Quant-weighted Index is a quantitatively-weighted index comprised of 100 of the top publicly-traded companies in the S&P 1500 Index. The Index reflects positive sentiment among those “insiders” closest to a company’s financials and business prospects, such as top management, directors, large institutional holders, and the Wall Street research analysts who follow the company.

Why the Insider Sentiment ETF?

KNOW is designed to help long term-investors pursue a better portfolio outcome by seeking alpha relative to S&P 500® Index.

This index-based ETF provides investors with access to stocks that corporate officers, directors, and shareholders who own more than 5% of each company’s stock, are accumulating.

This insider sentiment selection uses a screening methodology based on public-company filings and positive earnings analysis that provides the basis for the funds’ quantitatively-weighted indexes. The ETF is comprised of 100 companies selected from the S&P 1500 Index.

The key benefits of the strategy

  • Allows investors to identify and participate in stocks that corporate insiders are accumulating

  • Offers access to a rules based index approach to equity investing

  • Focuses on insider transactions and analyst ratings to determine weightings within the Index

  • Allocations to sectors within the index can vary significantly from traditional cap-weighted equity benchmark weightings

Fund sector weightings

KNOW weightings 033114
All holdings and sector weightings are as of the month’s rebalance date (3/31/2014)