The Direxion Daily Brazil Bull & Bear 3x Shares ETFs seeks daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the MSCI Brazil 25-50 Index. The Fund is different and much riskier than most exchange traded funds.
These leveraged ETFs seek a return that is +300% 0r -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.
Fact Sheet ETF Guide Prospectus
If you’re bullish on Brazil, Direxion offers traders daily 3x leveraged exposure to the MSCI Brazil 25-50 Index . This Direxion Shares ETF provides the opportunity to:
- Seek more surgical trades on South America’s largest economy
- Magnify your short-term bullish outlook by 3x
- Trade through rapidly changing markets
Leveraged ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investments. Leverage ETFs are not designed to track the underlying index over periods longer than one trading day.
The MSCI Brazil 25/50 Index is designed to measure the performance of the large and mid cap segments of the Brazil equity market, covering approximately 85% of the free float-adjusted market capitalization in Brazil. The companies included in the index have an average market capitalization of more than $15.80 billion dollars and a median market capitalization of $5.44 billion dollars as of June 30, 2014. Additionally, as of June 30, 2014, the Index is concentrated in the financial sector, but this concentration may change in the future based on the Index’s methodology and the varying nature of Brazil’s economy. One cannot invest directly in an index.
|Index Sector Weights (%)
Data as of 06/30/2014 is subject to change at any time.