NUGTDUST Daily Gold Miners Bull & Bears 3x Shares ETF

Overview

The Direxion Daily Gold Miners Bull & Bear 3x Shares ETFs seek daily investment results, before fees and expenses, of either 300% or 300% of the inverse (or opposite) of the performance of the NYSE Arca GoldMiners Index. There is no guarantee the funds will meet its stated investment objective.

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

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

The NYSE Arca Gold Miners Index is comprised of publicly traded companies that operate globally in both developed and emerging markets, and are involved primarily in the mining for gold and silver. The companies included in the index have an average market capitalization of more than $4.43 billion dollars and a median market capitalization of $2.16 billion dollars as of June 30, 2014. One cannot directly invest in an index.

Index Country Weightings (%)
Canada 64.91
United States 12.77
South Africa 8.22
Jersey 5.48
Australia 5.13
Peru 1.97
China 1.12
Hong Kong 0.40

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

Daily Holdings

Fund Symbol NUGT DUST
Daily Target 300% -300%
Intra-day Indicative Value NUGT.IV DUST.IV
Bloomberg Index Symbol GDM GDM
CUSIP 25459Y389 25459W235
ISIN US25459Y3898 US25459W2355
Gross Expense Ratio 1.11% 1.04%
Net Expense Ratio 0.95%* 0.95%*
Inception Date Dec 08, 2010 Dec 08, 2010

Pricing and Performance

Price Information
NAVs and market price information as of August 21, 2014

Ticker Fund Name NAV NAV Change $ NAV Change % Market Price Closing Market Price Closing Change($) Market Price Closing Change(%) Premium / Discount

Performance
NAVs and market price information as of August 21, 2014

All data as of 7/31/2014
Ticker Fund Name   1 Mo % 3 Mo % YTD 1 YR % 3 YR % 5 YR % 10 YR % Since Inception Inception Date Expense Ratio* (Gross/Net %)
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 %)

* 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