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Direxion Declares High Yield Distribution >
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Introducing the Industry's First Long/Short Commodity-only Mutual Fund >
The Direxion Commodity Trends Strategy Fund offers broad long and short exposure to 16 commodities across 6 sectors. more>>>
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Direxion Launches New Fund: Dollar Bull 2.5x Fund >
The Dollar Bull 2.5x Fund seeks daily investment results, before fees and expenses, of 250% of the price performance of the U.S. Dollar® Index (USDI). more>>>
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Direxion Launches their Next Generation Group Trading Platform
Direxion Funds has developed an innovative group trading platform providing advisors with a state-of-the-art system to easily and efficiently access and trade their client's accounts. The system has been designed to give advisors the ability to execute numerous transactions on Direxion accounts, either individually or in groups. Advisors can now apply appropriate portfolio strategies to their various clients' accounts, based on pre-determined groups that they have establish themselves. This cutting edge system eliminates many of the administrative inconveniences associated with placing multiple transactions for several accounts. To register and gain access to Direxion Group Trading platform, please click here. more>>>
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Two Direxion Funds Top Performance Charts in 2007
The Direxion Commodity Bull 2x Fund ranked as the top performing mutual fund in 2007 out of the entire 6,550 mutual fund universe according to Morningstar. The Direxion Latin America Bull 2x Fund took second place. The rankings were based on total return for the period 1/1/07 – 12/31/07. more>>>
Investing in index funds may be more volatile than investing in broadly diversified funds. The use of leverage by a mutual fund increases the risk to the fund. The more a fund invests in leveraged instruments the more the leverage will magnify gains or losses on those investments.
The principal risks of investing in the Latin America Bull 2x Fund are Market Timing Activity and High Portfolio Turnover, Risk of Tracking Error, Risks of Aggressive Investment Techniques, Leverage Risk, Counterparty Risks, Risk of Non-Diversification, Interest Rate Changes, Risks of Investing in Other Investment Companies and ETFs, Adverse Market Conditions, Credit Risk, Risks of Investing in Equity Securities, Risks of Investing in Foreign Instruments, Currency Exchange Rates, and Risks of Investing in Emerging Markets Instruments. Also, it is important to note that Latin America has generally been characterized by substantial economic instability resulting from, among other things, political unrest, high interest and inflation rates, currency devaluations and government deficits. The economies of Latin America are heavily dependent on the health of the U.S. economy and, because commodities such as oil and gas, minerals, and metals, represent a significant percentage of the region's exports, the economies of Latin American countries are sensitive to fluctuations in commodity prices. The economies of the countries in the region may be impacted by the policies or economic problems of other Latin American countries. As a result of these factors, an investment in the Latin America Funds may experience significant volatility. For more information on the risks of the fund, including a description of each risk, please refer to the prospectus.
The principal risks of investing in the Commodity Bull 2x Fund are Market Timing Activity and High Portfolio Turnover, Risk of Tracking Error, Risks of Aggressive Investment Techniques, Leverage Risk, Counterparty Risks, Risk of Non-Diversification, Interest Rate Changes, Risks of Investing in Other Investment Companies and ETFs, Adverse Market Conditions, Risks of Investing in Equity Securities, Risks of Investing in Commodities, and Credit Risk. For more information on the risks of the fund, including a description of each risk, please refer to the prospectus.
Date of First Use: October 3, 2006 Distributed by: Rafferty Capital Markets LLC