Business Description:
The investment seeks daily investment results before fees and expenses of 300% of the inverse of the daily performance of the Health Care Select Sector Index.
The fund invests in swap agreements, futures contracts, short positions or other financial instruments that provide inverse or short leveraged exposure to the index equal to at least 80% of its net assets. The index includes domestic companies from the healthcare sector, which includes the following industries: pharmaceuticals; health care equipment and supplies; health care providers and services; biotechnology; life sciences tools and services; and health care technology. It is non-diversified.
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| Telephone: |
866-476-7523 |
Website: |
http://www.direxioninvestments.com/ |