Profile for Direxion Daily Financial Bear 3X Shares (FAZ)

$ 29.19   -0.73 (-2.44%) Volume: 484.6k 8:00 PM EST Dec 6, 2019
Business Description:
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Russell 1000\u00AE Financial Services Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is a subset of the Russell 1000\u00AE Index that measures the performance of the securities classified in the financial services sector of the large-capitalization U.S. equity market. It is non-diversified.
Address: Direxion Shares ETF Trust, 33 Whitehall Street,10th Floor, New York, NY, United States, 10004
Telephone: 866-476-7523 Website: http://www.direxioninvestments.com/
Facsimile: N/A Email: [email protected]
Details
CEO: N/A
Employees: N/A Market Cap: 164.13m
Issue Type: N/A
Auditor: N/A
Last Audit: N/A
Indices: N/A
Industry Classifications
Sector: N/A CIK: 1424958
Industry: N/A
Sub-Industry:    N/A
NAICS: N/A
SIC: