Ticker
EVAV
Asset Class
Equity
Assets Under Management
5.75M
Issuer
Direxion Funds
Inception Date
10-08-2022
Dividend Yield
1.44%
The index is designed to track the performance of electric and autonomous vehicles companies. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.
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