YINNYANG Daily FTSE China Bull & Bear 3X Shares ETF

Overview

The Daily FTSE China Bull and Bear 3x Shares ETFs seek daily investment results, before fees and expenses, of 300%  or 300% of the inverse (or opposite) of the performance of the FTSE China 25 Index (TXINOUU).  There is no guarantee the funds will meet its stated investment objective.

These leveraged ETFs seeks 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.

Fact Sheet  ETF Guide  Prospectus

Key Benefits

Key Benefits

You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.

Whether you’re a bull or a bear, Direxion Shares is with you. Our leveraged ETFs are powerful tools built to help you:

  • Magnify your short-term perspective with daily 3x leverage

  • 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

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

Target Index 

The FTSE China 25 Index (TXINOUU) consists of 25 of the largest and most liquid companies available to international investors traded on the Hong Kong Stock Exchange. The Index is weighted based on the total market value of each company so that companies with higher total market values generally have a higher representation in the Index. FTSE Index Limited is not a sponsor of, or in any way affiliated with, the China Funds. One cannot directly invest in an index.

Index Sector Weightings (%)
Financials 55.10
Energy 16.39
Telecommunication Services 14.66
Information Technology 10.32
Consumer Discretionary 1.82
Materials 1.71

Data as of 6/30/2014 is subject to change at any time.

Daily Holdings

 

Fund Symbol YINN YANG
Daily Target 300% -300%
Intra-day Indicative Value YINN.IV YANG.IV
Bloomberg Index Symbol TXINOUU TXINOUU
CUSIP 25459W771 25459Y462
ISIN US25459W7719 US25459Y4623
Gross Expense Ratio 1.07% 1.44%
Net Expense Ratio 0.95%* 0.95%*
Inception Date Dec 03, 2009 Dec 03, 2009

Pricing and Performance

Price Information
NAVs and market price information as of September 17, 2014

Ticker Fund Name NAV NAV Change $ NAV Change % Market Price Closing Market Price Closing Change($) Market Price Closing Change(%) Premium / Discount
YINN Daily FTSE China Bull 3x Shares 33.31 -0.73 -2.14 33.34 -0.65 -1.91 0.03
YANG Daily FTSE China Bear 3x Shares 14.50 0.30 2.11 14.43 0.23 1.62 -0.07

Performance
NAVs and market price information as of September 17, 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 %)
YINN Daily FTSE China Bull 3x Shares NAV -0.65 35.40 12.53 47.30 1.61 -2.74 1.07 / 0.95
Market Close -0.67 35.78 12.59 47.35 1.90 -2.71
YANG Daily FTSE China Bear 3x Shares NAV -1.36 -30.52 -30.62 -54.66 -42.50 -42.44 1.44 / 0.95
Market Close -1.36 -30.48 -30.69 -54.76 -42.60 -42.44
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 %)
YINN Daily FTSE China Bull 3x Shares NAV 5.56 13.65 -12.27 66.81 -17.16 -7.99 1.07 / 0.95
Market Close 5.89 13.82 -12.19 66.44 -16.82 -7.95
YANG Daily FTSE China Bear 3x Shares NAV -6.59 -16.70 -6.72 -60.86 -34.53 -39.84 1.44 / 0.95
Market Close -6.65 -16.79 -6.93 -60.78 -34.77 -39.85

* 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
YINN Daily FTSE China Bull 3x Shares 0.13594
YINN Daily FTSE China Bull 3x Shares 0.00556
YINN Daily FTSE China Bull 3x Shares 1.38304