ZMLP Direxion Zacks MLP High Income Shares ETF

Overview

The Direxion Zacks MLP High Income Shares seeks investment results, before fees and expenses, that track the price and yield performance of the Zacks MLP Index.

Fact Sheet  ETF Guide  Prospectus

Download Form-8937 (pdf) 04/01/2014  07/01/2014

Key Features of the Fund

The Benefits of Using an ETF to Access MLPs?

  • A “C Corp” structured ETF provides an ETF shareholder a way to avoid K-1’s
  • Shares may be held in accounts such an IRA, a 401k, as well as many non-qualified accounts
  • The shares are traded on an exchange which provides intraday liquidity1
  • The ETF structure provides transparency allowing shareholders to “know what they own”
  • MLPs may exhibit low correlation to stocks and bonds
  • MLPs may provide attractive dividends to income oriented investors
  • A competitive fee structure to gain exposure to MLPs

1 Liquidity is defined in this situation as share price times average 3 month trading volume.

Daily Statistics

Net Operating Gain/(Loss)  |  Capital Appreciation/(Depreciation) (as of 8/28/2014)

$4,019,675.05

Deferred Tax Liability (as of 8/28/2014)

 $1,507,378.14

Daily Holdings & Section 19 Notices

Fund Symbol ZMLP
Bloomberg Index Symbol ZAXLPTR
CUSIP 25459Y298
ISIN US25459Y2981
Gross Expense Ratio 0.89%
Net Expense Ratio 0.65%*
Inception Date Jan 23, 2014

Pricing and Performance

Price Information
NAVs and market price information as of August 28, 2014

Ticker Fund Name NAV NAV Change $ NAV Change % Market Price Closing Market Price Closing Change($) Market Price Closing Change(%) Premium / Discount
ZMLP Direxion Zacks MLP High Income Shares 43.22 43.26 0.02 0.04 0.04

Performance
NAVs and market price information as of August 28, 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 %)
ZMLP Direxion Zacks MLP High Income Shares NAV -1.67 2.81 7.81 0.89 / 0.65
Market Close -1.79 2.77 7.82
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 %)
ZMLP Direxion Zacks MLP High Income Shares NAV 2.64 8.40 9.64 0.89 / 0.65
Market Close 2.92 8.43 9.78

* Rafferty has contractually agreed to waive all or a portion of its fees and/or reimburse the fund for expenses through September 1, 2015, to the extent that the funds net annual operating expenses exceed 0.65%.

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.

Distributions

Ticker Fund Name Record Date Ex Date Pay Date Income Dividend Short-Term Capital Gain Long-Term Capital Gain
ZMLP Direxion Zacks MLP High Income Shares 0.55
ZMLP Direxion Zacks MLP High Income Shares 0.76