JPNL Direxion Daily Japan Bull 3x Shares ETF

Overview

The Direxion Daily Japan Bull 3x Shares seeks daily investment results, before fees and expenses, of 300% of the price performance of the MSCI Japan Total Return Index (NDDUJN).  There is no guarantee that the fund will achieve its stated investment objective.

This leveraged ETF seeks a return that is 300% of 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 SheetETF GuideProspectus 

Key Benefits

Key Benefits

If you’re bullish on Japan, Direxion offers traders daily 3x leveraged exposure to the MSCI Japan Total Return Index. This ETF provides the opportunity to:

  • Magnify your 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

Target Index

The MSCI Japan Index is a free-float adjusted market capitalization weighted index that is designed to track the equity market performance of Japanese securities listed on Tokyo Stock Exchange, Osaka Stock Exchange, JASDAQ and Nagoya Stock Exchange. The MSCI Japan Total Return Index takes into account both price performance and income from dividend payments. One cannot invest directly in an Index.

Index Sector Weights (%)  
Consumer Discretionary 22.14
Financials 19.65
Industrials 19.25
Information Technology 10.63
Health Care 7.24
Consumer Staples 6.69
Materials 5.78
Telecommunication Services 5.22
Utilities 2.45
Energy 0.95

Data as of 6/30/2015 is subject to change at any time.

Daily Holdings

Fund Symbol JPNL
Daily Target 300%
Intra-day Indicative Value JPNL.IV
Bloomberg Index Symbol NDDUJN
CUSIP 25459Y413
ISIN US25459Y4136
Gross Expense Ratio 1.82%
Net Expense Ratio 0.95%*
Inception Date Jun 26, 2013

Pricing and Performance

Price Information
NAVs and market price information as of September 01, 2015

Ticker Fund Name NAV NAV Change $ NAV Change % Market Price Closing Market Price Closing Change($) Market Price Closing Change(%) Premium / Discount
JPNL Daily Japan Bull 3x Shares 40.35 -6.37 -13.63 40.46 -6.25 -13.37 0.11

Performance
NAVs and market price information as of September 01, 2015

All data as of 7/31/2015
Ticker Fund Name   1 Mo % 3 Mo % YTD % 1 YR % 3 YR % 5 YR % 10 YR % Since Inception Inception Date Expense Ratio* (Gross/Net %)
JPNL Daily Japan Bull 3x Shares NAV 1.74 0.50 46.28 17.48 19.73 1.82 / 0.95*
Market Close 1.53 0.28 45.53 17.02 19.55
All data as of 6/30/2015
Ticker Fund Name   1 Mo % 3 Mo % YTD % 1 YR % 3 YR % 5 YR % 10 YR % Since Inception Inception Date Expense Ratio* (Gross/Net %)
JPNL Daily Japan Bull 3x Shares NAV -4.73 6.05 43.78 13.66 19.61 1.82 / 0.95*
Market Close -4.78 5.46 43.34 13.42 19.55

* The Net Expense Ratio includes management fees and other operating expenses, but does not include expenses such as Acquired Fund Fees and Expenses, leveraged interest and brokerage commissions. The Funds’ Advisor, Rafferty Asset Management, LLC (“Rafferty”) has entered into an Operating Expense Limitation Agreement with the Fund. Under this agreement, Rafferty has contractually agreed to cap all or a portion of its management fee and/or reimburse the Fund for Other Expenses through September 1, 2016 to the extent that the Fund’s Total Annual Fund 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. For the most recent month-end performance please visit the funds website at www.direxioninvestments.com.

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
JPNL Daily Japan Bull 3x Shares 0.30583