Direxion Daily MSCI South Korea Bull 3X Shares

  • FUND SYMBOL

    KORU

  • DAILY TARGET

    300%

  • INTRA-DAY INDICATIVE VALUE

    KORU.IV

  • BLOOMBERG INDEX

    M1KR2550

  • CUSIP

    25459Y520

  • EXPENSE RATIO (GROSS/NET %)

    1.50 / 1.37*

  • INCEPTION DATE

    Apr 10, 2013

Overview

The Direxion Daily MSCI South Korea Bull 3X Shares seek the daily investment results, before fees and expenses, of 300% of the performance of the MSCI Korea 25/50 Index (M1KR2550). 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.

Strategy & 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 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 and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.

Distributions

  • KORU
  • Daily MSCI South Korea Bull 3X Shares
Record Date Ex Date Pay Date Income Dividend Short-Term Capital Gain Long-Term Capital Gain
12/28/2018 12/27/2018 01/04/2019 0.13844
03/21/2018 03/20/2018 03/27/2018 0.20702
12/20/2017 12/19/2017 12/27/2017 0.39406
12/14/2017 12/13/2017 12/20/2017 0.00000 1.84000