Ticker
YANG
Asset Class
Equity
Assets Under Management
149.70M
Issuer
Direxion Funds
Inception Date
03-12-2009
Dividend Yield
4.54%
The fund, under normal circumstances, invests at least 80% of the fund’s net assets (plus borrowing for investment purposes) 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 consists of the 50 largest and most liquid public Chinese companies currently trading on the Hong Kong Stock Exchange ("SEHK"). The fund is non-diversified.
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