Ticker
SOXS
Asset Class
Equity
Assets Under Management
1.12B
Issuer
Direxion Funds
Inception Date
11-03-2010
Dividend Yield
17.10%
The fund invests at least 80% of the fund’s net assets in financial instruments, 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 a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.
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