Name and Ticker Symbol of the Two Direxion ETFs are:
Direxion Daily Real Estate Bull 3X Shares- Ticker Symbol “DRN”
Direxion Daily Real Estate Bear 3X Shares- Ticker Symbol “DRV”
The Direxion Daily Real Estate Bull 3X Shares seek daily investment results, before fees and expenses, of 300% of the price performance of the MSCI US REIT Indexsm (“Real Estate Index”). The Direxion Daily Real Estate Bear 3X Shares seek daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Real Estate Index.
These funds seek a 300% or -300% return, respectively, of an index for a single day. Due to the compounding of daily returns, returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. Investors should monitor their holdings consistent with their strategies, as frequently as daily. The funds’ prospectus describing correlation, leverage and other risks is available at www.direxionfunds.com.
About Direxion Funds
Direxion Funds is a pioneer in providing alternative investment strategies to sophisticated investors. The Direxion Shares ETF Trust is a registered investment company offering a number of separate exchange-traded funds. Rafferty Asset Management LLC serves as the investment adviser to each Fund. (Source: Direxion Funds)
Background on Exchange Traded Products (ETPs) on NYSE Euronext
NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. NYSE Arca, NYSE Euronext's US market for ETFs, has 680 primary ETF and 46 primary ETV listings. Additionally, NYSE Arca lists 84 ETNs, 219 Certificates, while trading all other eligible ETPs on an Unlisted Trading Privileges basis. On its European markets, NYSE Euronext has 396 primary ETFs, 74 ETV listings, 4 ETN and lists a total of 12,652 Warrants and Certificates as of the end of May 2009.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With more than 8,000 listed issues, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca and NYSE Amex -- represent nearly 40 percent of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit: http://www.nyx.com
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