BRZUBRZS Daily Brazil Bull & Bear 3x Shares ETF

Overview

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

Key Benefits

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.

Target Index

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 (%)
Financials 29.75
Consumer Staples 16.36
Materials 13.61
Energy 13.65
Utilities 6.62
Consumer Discretionary 6.12
Industrials 5.64
Information Technology 4.03
Telecommunication Services 3.46
Health Care 0.77

Data as of 06/30/2014 is subject to change at any time.

Daily Holdings

Fund Symbol BRZU BRZS
Daily Target 300% -300%
Intra-day Indicative Value BRZU.IV BRZS.IV
Bloomberg Index Symbol M1BR2550 M1BR2550
CUSIP 25459Y546 25459Y538
ISIN US25459Y5463 US25459Y5380
Gross Expense Ratio 3.52% 3.24%
Net Expense Ratio 0.95%* 0.95%*
Inception Date Apr 10, 2013 May 01, 2013

Pricing and Performance

Price Information
NAVs and market price information as of September 16, 2014

Ticker Fund Name NAV NAV Change $ NAV Change % Market Price Closing Market Price Closing Change($) Market Price Closing Change(%) Premium / Discount
BRZU Daily Brazil Bull 3x Shares 25.93 2.13 8.95 25.82 2.00 8.40 -0.11
BRZS Daily Brazil Bear 3x Shares 25.81 -2.53 -8.93 25.99 -2.29 -8.10 0.18

Performance
NAVs and market price information as of September 16, 2014

All data as of 8/31/2014
Ticker Fund Name   1 Mo % 3 Mo % YTD 1 YR % 3 YR % 5 YR % 10 YR % Since Inception Inception Date Expense Ratio* (Gross/Net %)
BRZU Daily Brazil Bull 3x Shares NAV 33.98 57.26 62.84 86.97 -12.71 3.52 / 0.95
Market Close 33.93 56.96 63.16 90.38 -12.72
BRZS Daily Brazil Bear 3x Shares NAV -28.19 -43.32 -57.10 -68.71 -34.35 3.24 / 0.95
Market Close -28.04 -43.12 -56.81 -69.03 -34.23
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 %)
BRZU Daily Brazil Bull 3x Shares NAV 13.90 22.22 17.94 17.67 -34.18 3.52 / 0.95
Market Close 13.49 22.20 17.98 20.17 -34.27
BRZS Daily Brazil Bear 3x Shares NAV -15.16 -26.64 -35.79 -51.89 -12.76 3.24 / 0.95
Market Close -14.95 -26.90 -35.43 -52.11 -12.66

* Rafferty Asset Management, LLC, the advisor to the Direxion Shares, has contractually agreed to waive all or a portion of its management fee and/or reimburse the Fund for other expenses through September 1, 2015, to the extent that the Fund’s Net Annual Operating Expenses exceed 0.95%.

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.

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.

Distributions

Ticker Fund Name Record Date Ex Date Pay Date Income Dividend Short-Term Capital Gain Long-Term Capital Gain
BRZU Daily Brazil Bull 3x Shares 0.03947
BRZS Daily Brazil Bear 3x Shares 2.62731
BRZS Daily Brazil Bear 3x Shares 0.74331