KNOW Direxion All Cap Insider Sentiment Shares ETF

Overview

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). There is no guarantee the fund will meet its stated investment objective.

KNOW-Morningstar-Rating2

Fact SheetETF GuideProspectus 

Key Features of the Fund

Strategy Description

  • The strategy follows a quantitative rules-based equity approach that allows investors access to stocks that corporate insiders are accumulating
  • The strategy reviews each of the index constituents on a monthly basis, focusing on strong insider buying and favorable analyst ratings
  • The strategy’s sector allocations can vary significantly from traditional cap-weighted equity benchmark weightings for potentially increased diversification

The Strategy at Work

The Sabrient All-Cap Insider/Analyst Quant-Weighted Index combines the dynamics of insider behavior and analysts’ earnings revisions into stock valuations.

This insider sentiment selection strategy uses a screening methodology based on public-company filings and positive earnings analysis that provides the basis for the fund’s quantitatively-weighted index. The fund is comprised of a subset of 100 companies from the S&P 1500 index.

Target Index

Target Index

The Sabrient Multi-Cap Insider/Analyst Quant-weighted Index (SBRQAM) 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.One cannot directly invest in an Index.

Top Ten Holdings (%)  
AmerisourceBergen Corp 2.81
Everest Re Group Ltd 2.55
Tallgrass Energy Partners LP 2.53
Healthcare Realty Trust Inc 2.52
American Eagle Outfitters Inc 2.37
AT&T Inc 2.36
Piedmont Office Realty Trust Inc 2.31
NuStar Energy LP 2.23
NextEra Energy Inc 2.23
Spectrum Brands Holdings Inc 2.22

 

Sector Weightings (%)  
Financials 24.12
Information Technology  13.94
Consumer Discretionary  12.64
Industrials  12.12
Health Care  9.68
Energy  9.26
Utilities  6.10
Consumer Staples  5.70
Telecoms 3.59
Materials  2.85

All data as of 3/31/2015 and is subject to change.

Holdings

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Fund Symbol KNOW
Bloomberg Index Symbol SBRQAM
CUSIP 25459Y769
ISIN US25459Y7691
Gross Expense Ratio 0.91%
Net Expense Ratio 0.65%*
Inception Date Dec 08, 2011

Pricing and Performance

Price Information
NAVs and market price information as of July 01, 2015

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 71.36 0.62 0.88 71.47 0.62 0.88 0.11

Performance
NAVs and market price information as of July 01, 2015

All data as of 6/30/2015
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 2.53 2.37 4.75 16.33 25.58 20.98 0.91 / 0.65*
Market Close 2.73 2.52 4.80 16.51 25.77 21.05
All data as of 6/30/2015
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 2.53 2.37 4.75 16.33 25.58 20.98 0.91 / 0.65*
Market Close 2.73 2.52 4.80 16.51 25.77 21.05

* The Net Expense Ratio includes management fee and other operating expenses, but does not include expenses such as brokerage commissions. The Fund’s advisor, Rafferty Asset Management, LLC has entered into an Operating Expense Limitation Agreement with the Fund. Under this agreement, Rafferty has contractually agreed to cap all or a portion of its management fee and/or reimburse the Fund for Other Expense through September 1, 2016 to the extent that the Fund’s Total Annual Fund Operating Expenses exceed 0.65%.

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.

Distributions

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 0.16048
KNOW Direxion All Cap Insider Sentiment Shares 0.0765
KNOW Direxion All Cap Insider Sentiment Shares 0.11423
KNOW Direxion All Cap Insider Sentiment Shares 0.2438
KNOW Direxion All Cap Insider Sentiment Shares 0.17299
KNOW Direxion All Cap Insider Sentiment Shares 0.24716
KNOW Direxion All Cap Insider Sentiment Shares 0.15316