LBJ Daily Latin America Bull 3x Shares ETF

Overview

The Direxion Daily Latin America Bull 3x Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Latin America 40 Index.  There is no guarantee that the fund will achieve its stated investment objective.

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.

If you’re bullish on Latin America, Direxion offers traders daily 3x leveraged exposure to the S&P Latin America 40 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 S&P Latin America 40 Index is an equity index drawn from five major Latin American markets: Brazil, Mexico, Chile, Colombia, and Peru. It is designed for investors seeking broad market exposure through an index that is efficient to replicate. The index constituents are leading, large, liquid, blue chip companies from the Latin American markets, capturing 70% of their total market capitalization. The index constituents are leading, large, liquid companies from the Latin American markets with an average market capitalization of $25.55 billion and a median market capitalization of $15.69 billion as of September 30, 2014. One cannot directly invest in an Index.

Index Sector Weightings (%)  
Brazil 52.25
Mexico 31.37
Chile 9.46
Colombia 3.03
Peru 2.60
United States 1.29

Data as of 09/30/2014 is subject to change at any time. 

Daily Holdings

 

Fund Symbol LBJ
Daily Target 300%
Intra-day Indicative Value LBJ.IV
Bloomberg Index Symbol SPLAC
CUSIP 25459Y652
ISIN US25459Y6529
Gross Expense Ratio 1.33%
Net Expense Ratio 0.95%*
Inception Date Dec 03, 2009

Pricing and Performance

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

Ticker Fund Name NAV NAV Change $ NAV Change % Market Price Closing Market Price Closing Change($) Market Price Closing Change(%) Premium / Discount
LBJ Daily Latin America Bull 3x Shares 18.54 0.41 2.26 18.55 0.41 2.26 0.01

Performance
NAVs and market price information as of October 31, 2014

All data as of 9/30/2014
Ticker Fund Name   1 Mo % 3 Mo % YTD % 1 YR % 3 YR % 5 YR % 10 YR % Since Inception Inception Date Expense Ratio* (Gross/Net %)
LBJ Daily Latin America Bull 3x Shares NAV -36.51 -13.89 -9.00 -15.91 -12.04 -25.71 1.33 / 0.95*
Market Close -36.03 -13.23 -8.33 -15.34 -11.91 -25.64
All data as of 9/30/2014
Ticker Fund Name   1 Mo % 3 Mo % YTD % 1 YR % 3 YR % 5 YR % 10 YR % Since Inception Inception Date Expense Ratio* (Gross/Net %)
LBJ Daily Latin America Bull 3x Shares NAV -36.51 -13.89 -9.00 -15.91 -12.04 -25.71 1.33 / 0.95*
Market Close -36.03 -13.23 -8.33 -15.34 -11.91 -25.64

* The Net Expense Ratio of the Fund includes management fee and other operating expenses, but does not include indirect expenses such as Acquired Fund Fees and Expenses, leveraged interest and brokerage commissions. The Fund’s Advisor, Rafferty Asset Management, LLC has entered into an Operating Expense Limitation Agreement with the Fund, under which Rafferty has contractually agreed to cap all or a portion of its management fee and/or reimburse the Fund for Other Expense through September 1, 2015 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
LBJ Daily Latin America Bull 3x Shares 0.07758
LBJ Daily Latin America Bull 3x Shares 0.11808
LBJ Daily Latin America Bull 3x Shares 2.12666
LBJ Daily Latin America Bull 3x Shares 0.65838
LBJ Daily Latin America Bull 3x Shares 0.02301
LBJ Daily Latin America Bull 3x Shares 0.08095
LBJ Daily Latin America Bull 3x Shares 0.66417 5.45346
LBJ Daily Latin America Bull 3x Shares 0.6465
LBJ Daily Latin America Bull 3x Shares 1.0138
LBJ Daily Latin America Bull 3x Shares 0.07524
LBJ Daily Latin America Bull 3x Shares 0.16998