EDCEDZ Daily Emerging Markets Bull & Bear 3x Shares ETF

Overview

Overview

The Direxion Daily Emerging Markets Bull & Bear 3X Shares ETFs seek daily investment results, before fees and expenses, of 300%  or 300% of the inverse (or opposite) of the price performance of the MSCI Emerging Markets IndexSM (MXEA).  There is no guarantee these funds will meet their stated investment objectives.

These leveraged ETFs seek a return that is 300% or -300% of the return of their benchmark index for a single dayThe 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 MSCI Emerging Markets IndexSM is a free float adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. As of March 31, 2014 the Index consisted of the following 25 emerging market country indices: Australia, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hong Kong, Hungary, India, Indonesia, Malaysia, Mexico, Morocco, Peru, Philippines, Poland, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey, Ukraine and United States. One cannot invest directly in an Index.

Index Sector Weightings (%)

SOUTH KOREA

15.80

 

TURKEY

1.59

CHINA

14.53

 

CHILE

1.57

TAIWAN

11.88

 

COLOMBIA

1.09

BRAZIL

11.02

 

PHILIPPINES

0.95

SOUTH AFRICA

7.77

 

GREECE

0.56

INDIA

6.71

 

PERU

0.31

RUSSIA

5.26

 

CZECH

0.26

MEXICO

5.13

 

HUNGARY

0.23

HONG KONG

4.41

 

EGYPT

0.21

MALAYSIA

3.89

 

UNITED STATES

0.13

INDONESIA

2.65

 

SPAIN

0.04

THAILAND

2.25

 

UKRAINE

0.01

POLAND

1.76

 

 

 

Data as of 3/31/2014 is subject to change at any time. One cannot invest directly in an Index.

Daily Holdings

 

 

Fund Symbol EDC EDZ
Daily Target 300% -300%
Intra-day Indicative Value EDC.IV EDZ.IV
Bloomberg Index Symbol MXEF MXEF
CUSIP 25459Y686 25459Y470
ISIN US25459W3007 US25459Y4706
Gross Expense Ratio 1.16% 1.07%
Net Expense Ratio 0.95% 0.95%
Inception Date Dec 17, 2008 Dec 17, 2008

Pricing and Performance

Price Information
NAVs and market price information as of July 27, 2014

Ticker Fund Name NAV NAV Change $ NAV Change % Market Price Closing Market Price Closing Change($) Market Price Closing Change(%) Premium / Discount
EDC Daily Emerging Markets Bull 3X Shares 34.14 -0.43 -1.24 34.11 -0.41 -1.19 -0.03
EDZ Daily Emerging Markets Bear 3x Shares 28.64 0.33 1.17 28.65 0.31 1.09 0.01

Performance
NAVs and market price information as of July 27, 2014

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 %)
EDC Daily Emerging Markets Bull 3X Shares NAV 7.04 18.32 7.79 30.97 -21.25 2.50 7.91 1.57 / 0.95
Market Close 7.18 18.30 7.67 32.11 -21.17 2.45 7.93
EDZ Daily Emerging Markets Bear 3x Shares NAV -7.39 -18.86 -19.71 -46.24 -28.32 -46.04 -55.94 1.88 / 0.95
Market Close -7.33 -18.71 -19.41 -46.51 -28.39 -45.88 -55.94
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 %)
EDC Daily Emerging Markets Bull 3X Shares NAV 7.04 18.32 7.79 30.97 -21.25 2.50 7.91 1.57 / 0.95
Market Close 7.18 18.30 7.67 32.11 -21.17 2.45 7.93
EDZ Daily Emerging Markets Bear 3x Shares NAV -7.39 -18.86 -19.71 -46.24 -28.32 -46.04 -55.94 1.88 / 0.95
Market Close -7.33 -18.71 -19.41 -46.51 -28.39 -45.88 -55.94

Default Performance Information

*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
EDC Daily Emerging Markets Bull 3X Shares 0.08689
EDC Daily Emerging Markets Bull 3X Shares 0.10373
EDC Daily Emerging Markets Bull 3X Shares 0.64151 0.01095
EDC Daily Emerging Markets Bull 3X Shares 0.02642 0.42541
EDC Daily Emerging Markets Bull 3X Shares 0.09206
EDC Daily Emerging Markets Bull 3X Shares 0.0899
EDC Daily Emerging Markets Bull 3X Shares 0.20029
EDC Daily Emerging Markets Bull 3X Shares 0.48312
EDC Daily Emerging Markets Bull 3X Shares 21.95122
EDC Daily Emerging Markets Bull 3X Shares 0.45443
EDC Daily Emerging Markets Bull 3X Shares
EDZ Daily Emerging Markets Bear 3x Shares