Xiaohuairen
2022-03-21

Direxion Daily Exchange-Traded Funds (ETFs) are leveraged funds that provide powerful leverage and the ability for investors to navigate changing markets with bull and bear flexibility. For example, Direxion Daily 3X ETFs are designed to seek daily investment results, before fees and expenses, of 300% of the daily performance for a Bull fund (or 300% of the inverse of the performance, in the case of a Bear fund) of the benchmark index that they track. There is no guarantee that the funds will achieve their investment objective.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • cozyzi
    2022-03-22
    cozyzi
    I haven't experienced this kind of fund yet. I don't know its yield?
  • tinkie
    2022-03-22
    tinkie
    I think leveraged funds are also a way of hedging.
  • moonzo
    2022-03-21
    moonzo
    This fund strategy seems a bit dangerous to me and therefore I would not buy it.
  • KevinKelly
    2022-03-21
    KevinKelly
    Have you bought into this fund? Are you optimistic about its performance?
  • snoozi
    2022-03-21
    snoozi
    I haven't bought any of these funds, have you?
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