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.
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