INDL Daily India Bull 3x Shares ETF

Overview

The Direxion Daily India Bull 3x Shares ETF seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index (III). There is no guarantee this fund will meet its stated investment objectives.

This leveraged ETF seeks a return that is 300% the return of its benchmark index for a single day. The fund should not be expected to provide 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 Indus India Index, which is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two major Indian exchanges. The Index utilizes a proprietary measure called IndusCap, which takes into account restrictions on foreign ownership of Indian securities imposed by Indian regulators; and has thus been created specifically for use by funds managed on behalf of foreign investors (i.e. investors outside of India). The India Index has 50 constituents, spread among the following sectors: Information Technology, Health Services, Financial Services, Heavy Industry, Consumer Products and Other. The India Index is supervised by an index committee, comprised of representatives of the Index Provider and members of academia specializing in emerging markets. One cannot directly invest in an index.

Index Sector Weighting (%)  
Energy 22.08
Information Technology 21.42
Materials 10.52
Financials 12.54
Consumer Staples 8.84
Health Care 5.62
Telecomm Services 7.90
Industrials 4.57
Utilities 3.67
Consumer Discretionary 2.84

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

Daily Holdings

Fund Symbol INDL
Daily Target 300%
Intra-day Indicative Value INDL.IV
Bloomberg Index Symbol III
CUSIP 25459Y330
ISIN US25459W3302
Gross Expense Ratio 1.36%
Net Expense Ratio 0.95%*
Inception Date Mar 11, 2010

Pricing and Performance

Price Information
NAVs and market price information as of August 31, 2014

Ticker Fund Name NAV NAV Change $ NAV Change % Market Price Closing Market Price Closing Change($) Market Price Closing Change(%) Premium / Discount
INDL Daily India Bull 3x Shares 99.32 1.57 1.61 98.99 1.20 1.23 -0.33

Performance
NAVs and market price information as of August 31, 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 %)
INDL Daily India Bull 3x Shares NAV -5.09 42.81 60.92 73.41 -17.69 -12.49 1.36 / 0.95
Market Close -4.10 44.03 61.79 74.41 -17.49 -12.38
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 %)
INDL Daily India Bull 3x Shares NAV 15.11 48.54 69.54 71.29 -17.66 -11.66 1.36 / 0.95
Market Close 14.17 47.08 68.70 70.37 -17.64 -11.75

* 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
INDL Daily India Bull 3x Shares 0.29136
INDL Daily India Bull 3x Shares 0.0133
INDL Daily India Bull 3x Shares