DXSTX : Direxion Monthly 25+ Year Treasury Bear 1.35X Fund Investor Class

Fund Summary

The investment seeks monthly investment results, before fees and expenses, of 135% of the inverse of the calendar month performance of the ICE U.S. Treasury 25+ Year Bond 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 its net assets (plus borrowing for investment purposes). The index is a market value weighted index that is designed to measure the performance of U.S. dollar-denominated, fixed-rate securities with minimum term to maturity greater than 25 years. The fund is non-diversified.