As of December 1st, 2011 the Direxion Daily India Bull 2x Shares will seek daily exposure of +300% of the fund's benchmark. The fund will no longer seek +200% daily exposure. Performance information displayed for periods prior to December 1, 2011 reflects that of the funds' prior objective. More >

Direxion Daily India Bull 3x Shares

INDL


View Daily India Bear 3x Shares

Symbol Fund Index/Benchmark Daily Target Bloomberg Index Symbol
3x ETFs
INDL Daily India Bull 3x Shares Indus India Index 300% III

Cusip 25459W 383

Inception date 3.11.10

 

Fund Objective

The Direxion Daily India Bull 3x ETF seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index. There is no guarantee the fund will meet its stated investment objective.

Target Index

The Indus India Index, which is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two major Indian exchanges. The Index utilizes a proprietary measure called IndusCap, which takes into account restrictions on foreign ownership of Indian securities imposed by Indian regulators; and has thus been created specifically for use by funds managed on behalf of foreign investors (i.e. investors outside of India). The India Index has 50 constituents, spread among the following sectors: Information Technology, Health Services, Financial Services, Heavy Industry, Consumer Products and Other. The India Index is supervised by an index committee, comprised of representatives of the Index Provider and members of academia specializing in emerging markets. One cannot directly invest in an index.

Index Sector Weightings

Energy 26.1%
Information Technology 16.4%
Financials 12.0%
Materials 9.8%
Utilities 7.1%
Consumer Steples 7.8%
Industrials 6.6%
Telecomm Services 5.7%
Health Care 4.9%
Consumer Discretionary 3.1%

 

Data as of 09/30/2011 is subject to change at any time.

Regulatory Documents (including Prospectus, SAI, Semi-Annual Report and Annual Report)

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An investor should consider the investment objectives, risks, charges, and expenses of Direxion Shares carefully before investing. The prospectus and summary prospectus contain this and other information about Direxion Shares. Click here to obtain a prospectus and summary prospectus. The prospectus and summary prospectus should be read carefully before investing.

The Funds are designed to be utilized only by sophisticated investors, such as traders and active investors employing dynamic strategies. Such investors are expected to monitor and manage their portfolios frequently. Investors in the Funds should (a) understand the consequences of seeking daily investment results, (b) understand the risk of shorting, and (c) intend to actively monitor and manage their investments.

An investment in the Funds involve risk, including the possible loss of principal. The Funds are non-diversified and include risks associated with concentration risk that results from the Funds' investments in a particular industry or sector which can increase volatility. The use of derivatives such as futures contracts, forward contracts, options and swaps are subject to market risks that may cause their price to fluctuate over time. The Fund does not attempt to, and should not be expected to, provide returns which are a multiple of the return of the Index for periods other than a single day. For other risks including correlation, leverage, compounding, market volatility and specific risks regarding each sector, please read the prospectus.

Distributor: Foreside Fund Services, LLC.