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14
Fri, Aug

ETF USA
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Direxion

Direxion has announced the launch of four new leveraged exchange-traded funds (ETFs) that provide 2X Bull and Bear exposure to cyber Security and pharmaceuticals....

 


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The Direxion Daily Cyber Security Bull and Bear 2X Shares (Tickers: HAKK/HAKD) seek to achieve 200% and 200% of the inverse, respectively, of the daily performance of the ISE Cyber Security Index. The Direxion Daily Pharmaceutical & Medical Bull and Bear 2X Shares (Tickers: PILL/PILS) seek to achieve 200% and 200% of the inverse, respectively, of the daily performance of the Dynamic Pharmaceutical Intellidex Index.

“Traders and investors continue to express keen interest in the cyber security and pharmaceutical sectors,” said Sylvia Jablonski, Managing Director at Direxion. “Our new leveraged ETFs enable traders to benefit from exposure to these industries, regardless of market conditions and sector performance, in a flexible way.”

Fund

Symbol

CUSIP

Benchmark

Daily Target

Gross Expense

Ratio

Net Expense Ratio*

Direxion Daily Cyber Security Bull 2X Shares

HAKK

25490K513

ISE Cyber Security Index

200%

1.15%

0.80%

Direxion Daily Cyber Security Bear 2X Shares

HAKD

25490K497

ISE Cyber Security Index

-200%

0.96%

0.80%

Direxion Daily Pharmaceutical & Medical Bull 2X Shares

PILL

25490K489

Dynamic Pharmaceutical Intellidex Index

200%

1.11%

0.80%

Direxion Daily Pharmaceutical & Medical Bear 2X Shares

PILS

25490K471

Dynamic Pharmaceutical Intellidex Index

-200%

0.96%

0.80%

Like all leveraged ETFs, these Direxion products are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee that the Funds will meet their objectives. 

Source: ETFWorld.com

WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)