Rochester, NY 9/1/2009 9:30:29 PM
Direxion Daily Financial Bear 3X Shares, FAZ, Down by 0.86% in Tuesday Morning Trading
Direxion Daily Financial Bear 3X Shares
StocksHaven Investments news portal takes a closer look at Direxion Daily Finan. Bear 3X Shs, as US Banks cringe on economic fears. The following is a video documentary entitled, "Hyperinflation Nation" hich tells all about the past, present, and future state with regards to the outlook of the USD.
Direxion Daily Financial Bear 3x Shares (the Fund), formerly Direxion Financial Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Russell 1000 Financial Services Index (the Financial Index). The Financial Index is a capitalization-weighted index of companies that provide financial services.
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Last Trade: 23.11
Day's Range: 23.06 - 23.56
52wk Range: 22.27 - 2,018.60
Change: Up 0.01 (0.04%)
Volume: 22.27 - 2,018.60
Avg Vol (3m): 40,375,500
ABOUT Direxion Daily Financial Bear 3x SharesDirexion Daily Financial Bear 3x Shares (the Fund), formerly Direxion Financial Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Russell 1000 Financial Services Index (the Financial Index). The Financial Index is a capitalization-weighted index of companies that provide financial services. The Fund does not invest in equity securities. The Fund creates short positions by investing at least 80% of its net assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the Financial Index, and the remainder in money market instruments. The Fund’s investment advisor is Rafferty Asset Management LLC.
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