Performance
Trailing returns
| 1 day | +1.60% |
| |||
| 1 week |
| -1.18% | |||
| 4 week | +18.04% |
| |||
| 3 month |
| -8.38% | |||
| YTD | +5.64% |
| |||
| 1 year | +27.38% |
| |||
| 3 years* | +3.39% |
| |||
| 5 years* |
| -17.41% | |||
| *annualized | |||||
| Best 3 month return | +97.65% | |
| Worst 3 month return | -74.98% |
Morningstar statistics
Morningstar category: Commodities Broad Basket
| Return | Risk | Rating | |
| 3 years | Below Average | High |
 
|
| 5 years | Below Average | High |
|
| 10 years | - | - | - |
| Overall | Below Average | High |
|
Key statistics
| Total assets | 9.14M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.90% | |
| Management fee | - | |
| Fund family | Direxion Funds |
Asset allocation
| Cash | 0.00% | |
| Stocks | 100.00% | |
| Bonds | 0.00% | |
| Other | 0.00% |
Purchase information
| Initial | US$25,000 | |
| Additional | US$500 | |
| IRA Initial | US$25,000 | |
| AIP Initial | US$25,000 | |
| AIP Additional | US$500 |
54.17+1.36(2.58%)
May 20, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month price performance of the Morgan Stanley� Commodity Related Equity Index. The fund, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the Morgan Stanley� Commodity Related Equity Index (the "Index") and/or financial instruments that, in combination, provide leveraged and unleveraged exposure to the index with the fund creating long positions. It is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Tony Ng (Started: Dec 29, 2006)
Paul Brigandi (Started: Feb 17, 2005)
Tony Ng (Started: Dec 29, 2006)
Paul Brigandi (Started: Feb 17, 2005)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 3.86 | -6.62 | 4.91 | - | |
| Beta* | 1.22 | 1.94 | 2.07 | - | |
| Mean annual return | 0.15 | 0.60 | 0.11 | - | |
| R-squared* | 46.19 | 62.26 | 68.45 | - | |
| Standard deviation | 29.70 | 43.88 | 54.88 | - | |
| Sharpe ratio | 0.06 | 0.16 | 0.02 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Ml Crx Bullet Swap | 100.00% |