NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, today began trading four ETFs sponsored by Direxion…..
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Direxion Daily Retail Bull 2X Shares (RETL)
The Fund seeks daily investment results, before fees and expenses, of 200% of the price performance of the Russell 1000® Retail Index. The Fund seeks daily leveraged investment results and does not seek to achieve its stated investment objective over a period of time greater than one day. The Fund is different and much riskier than most exchange-traded funds.
Direxion Daily Retail Bear 2X Shares (RETS)
The Fund seeks daily investment results, before fees and expenses, of 200% of the inverse (or opposite) of the price performance of the Russell 1000® Retail Index. The Fund seeks daily leveraged investment results and does not seek to achieve its stated investment objective over a period of time greater than one day. The Fund is different and much riskier than most exchange-traded funds.
Direxion Daily Natural Gas Related Bull 2X Shares (FCGL)
The Fund seeks daily investment results, before fees and expenses, of 200% of the price performance of the ISE-Revere Natural Gas IndexTM. The Fund seeks daily leveraged investment results and does not seek to achieve its stated investment objective over a period of time greater than one day. The Fund is different and much riskier than most exchange-traded funds.
Direxion Daily Natural Gas Related Bear 2X Shares (FCGS)
The Fund seeks daily investment results, before fees and expenses, of 200% of the inverse (or opposite) of the price performance of the ISE-Revere Natural Gas IndexTM. The Fund seeks daily leveraged investment results and does not seek to achieve its stated investment objective over a period of time greater than one day. The Fund is different and much riskier than most exchange-traded funds.
Source: ETFWorld – NYSE Arca
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