Ticker
TECL
Asset Class
Equity
Assets Under Management
3.88B
Issuer
Direxion Funds
Inception Date
17-12-2008
Dividend Yield
7.32%
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 exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes domestic companies from the technology sector. It is non-diversified.
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