Direxion Monthly NASDAQ-100 Bull 2X Fund Investor Class (DXQLX)
DXQLX Price Chart
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DXQLX Fund Profile
Key details and information about Direxion Monthly NASDAQ-100 Bull 2X Fund Investor Class (DXQLX).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
1 May 2006
Country
US
Description
Under typical operating conditions, this fund commits a minimum of 80% of its net assets—a figure that may include capital acquired through borrowing—to a strategic mix of investments. These investments include direct securities from the underlying NASDAQ-100 Index, exchange-traded funds (ETFs) designed to mirror that index, and various financial instruments engineered to provide monthly market exposure to either the index itself or its tracking ETFs. The NASDAQ-100 Index, which serves as the fund's benchmark, comprises 100 of the largest domestic and international non-financial corporations traded on the NASDAQ Stock Market®, selected based on their overall market capitalization. Importantly, the fund maintains a non-diversified portfolio.
DXQLX Fund Performance
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