Regulatory Documents

  Long-term Investing 

  ETFs

KNOW

Direxion All Cap Insider Sentiment Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File 

VSPY

Direxion S&P 500® DRRC Index Volatility Response Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

QQQE

Direxion NASDAQ-100® Equal Weighted Index Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

ZMLP

Direxion Zacks MLP High Income Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

  Mutual Funds

DXCTX

Direxion Indexed Commodity Strategy Fund – A Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXCIX

Direxion Indexed Commodity Strategy Fund – Institutional

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXSCX

Direxion Indexed Commodity Strategy Fund – C Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXDWX

Direxion/Wilshire Dynamic Fund – A Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXWCX

Direxion/Wilshire Dynamic Fund – C Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File 

DXMAX

Direxion Indexed Managed Futures Strategy Fund – A Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXMIX

Direxion Indexed Managed Futures Strategy Fund – Institutional

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXMCX

Direxion Indexed Managed Futures Strategy Fund – C Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXAFX

Direxion Long/Short Global Currency Fund  – A Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXCFX

Direxion Long/Short Global Currency Fund – Institutional

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXIFX

Direxion Long/Short Global Currency Fund – C Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXMXX

U.S. Government Money Market Fund

Summary Prospectus

Prospectus

SAI

Annual*

Semi-Annual*

XBRL File

  Short Term Trading

  ETFs

TOTS

Direxion Daily Total Market Bear 1x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

SPXL

Direxion Daily S&P 500® Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

SPXS

Direxion Daily S&P 500® Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

SPUU

Direxion Daily S&P 500® Bull 2x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

MIDU

Direxion Daily Mid Cap Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

MIDZ

Direxion Daily Mid Cap Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

MDLL

Direxion Daily Mid Cap Bull 2x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

TNA

Direxion Daily Small Cap Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

TZA

Direxion Daily Small Cap Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

SMLL

Direxion Daily Small Cap Bull 2x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

 

XBRL File

MATL

Direxion Daily Basic Materials Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

ERX

Direxion Daily Energy Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

ERY

Direxion Daily Energy Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

FAS

Direxion Daily Financial Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

FAZ

Direxion Daily Financial Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

GLDL

Direxion Daily Gold Bull 3X Shares

Prospectus/SAI 

10-Q (3/31/14) PDF  XBRL

10-Q (12/31/13) PDF  XBRL

GLDS

Direxion Daily Gold Bear 3X Shares

Prospectus/SAI 

10-Q (3/31/14) PDF  XBRL

10-Q (12/31/13) PDF  XBRL

NUGT

Direxion Daily Gold Miners Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DUST

Direxion Daily Gold Miners Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

JNUG

Direxion Daily Junior Gold Miners Index Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

JDST

Direxion Daily Junior Gold Miners Index Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

CURE

Direxion Daily Healthcare Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

GASL

Direxion Daily Natural Gas Related Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

GASX

Direxion Daily Natural Gas Related Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DRN

Direxion Daily Real Estate Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DRV

Direxion Daily Real Estate Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

RETL

Direxion Daily Retail Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

SOXL

Direxion Daily Semiconductor Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

SOXS

Direxion Daily Semiconductor Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

TECL

Direxion Daily Technology Bull 3X Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

TECS

Direxion Daily Technology Bear 3X Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

JPNL

Direxion Daily Japan Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

JPNS

Direxion Daily Japan Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

BRZU

Direxion Daily Brazil Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

BRZS

Direxion Daily Brazil Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

YINN

Direxion Daily FTSE China Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

YANG

Direxion Daily FTSE China Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

EURL

Direxion Daily FTSE Europe Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

EURZ

Direxion Daily FTSE Europe Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DZK

Direxion Daily Developed Markets Bull 3X Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DPK

Direxion Daily Developed Markets Bear 3X Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

EDC

Direxion Daily Emerging Markets Bull 3X Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

EDZ

Direxion Daily Emerging Markets Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

INDL

Direxion Daily India Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

LBJ

Direxion Daily Latin America Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

RUSL

Direxion Daily Russia Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

RUSS

Direxion Daily Russia Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

KORU

Direxion Daily South Korea Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

KORZ

Direxion Daily South Korea Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

SAGG

Direxion Daily Total Bond Market Bear 1x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

TYNS

Direxion Daily 7-10 Year Treasury Bear 1x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

TYBS

Direxion Daily 20+ Year Treasury Bear 1x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

TYD

Direxion Daily 7-10 Year Treasury Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

TYO

Direxion Daily 7-10 Year Treasury Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

SYTL

Direxion Daily 7-10 Year Treasury Bull 2x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

TMF

Direxion Daily 20+ Year Treasury Bull 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

TMV

Direxion Daily 20+ Year Treasury Bear 3x Shares

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

  Mutual Funds

DXSLX

Direxion Monthly S&P 500® Bull 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXSSX

Direxion Monthly S&P 500® Bear 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXQLX

Direxion Monthly NASDAQ 100® Bull 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXRLX

Direxion Monthly Small Cap Bull 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXRSX

Direxion Monthly Small Cap Bear 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXZLX

Direxion Monthly Latin America Bull 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXHLX

Direxion Monthly China Bull 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXELX

Direxion Monthly Emerging Markets Bull 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXKLX

Direxion Monthly 7-10 Year Treasury Bull 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXKSX

Direxion Monthly 7-10 Year Treasury Bear 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXCLX

Direxion Monthly Natural Resources Bull 2x Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual 

XBRL File

DXCBX

Direxion Indexed Synthetic Convertible Strategy Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

DXCVX

Direxion Indexed Synthetic Convertible Strategy Bear Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

PDHYX

Direxion Dynamic HY Bond Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

  Variable Product Funds

 

Direxion VP Indexed Managed Futures Strategy Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

 

Direxion VP Indexed Commodity Strategy Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

 

Dynamic VP HY Bond Fund

Summary Prospectus

Prospectus

SAI

Annual

Semi-Annual

XBRL File

* The principal risks of investing in U.S. Government Money Market Fund include the following: The yield paid by the U.S. Government Money Market Fund is subject to changes in interest rates. As a result, there is risk that a decline in short-term interest rates would lower its yield and the overall return on your investment. Although the U.S. Government Money Market Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the U.S. Government Money Market Fund. Your investment in the U.S. Government Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government institution. Securities issued by U.S. government-sponsored entities, such as the Federal National Mortgage Association (“Fannie Mae©”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac©”), are not backed by the full faith and credit of the U.S. government and are not insured or guaranteed by the U.S. government. The value of your investment could be eroded over time by the effects of inflation. Security selection by Rafferty may cause the U.S. Government Money Market Fund to underperform other funds with similar investment objectives. If a portfolio security declines in credit quality or goes into default, it also could affect the U.S. Government Money Market Fund’s yield. Additional risks of investing in the U.S. Government Money Market Fund are Interest Rate Changes and Credit Risk. For more information on the risks of the fund, including a description of each risk, please refer to the prospectus.