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LAB
EquityLABD

Direxion Daily S&P Biotech Bear

Ticker

LABD

Asset Class

Equity

Assets Under Management

75.08M

Issuer

Direxion Funds

Inception Date

28-05-2015

Dividend Yield

7.31%

About This Fund

The fund, under normal circumstances, invests at least 80% of the fund’s net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index is designed to measure the performance of the biotechnology sub-industry based on the GICS. The fund is non-diversified.

Direxion Daily S&P Biotech Bear Price Chart

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