Our playlist Discover the Ossiam playlist. Returns for performance under one year are cumulative, not annualized.
For the most recent month-end performance please visit the funds website at direxioninvestments. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes.
ETF market prices are the prices at which investors buy or sell shares of an ETF in the secondary market. Liquidity, transparency, real-time trading, and relatively low management fees are the reason why ETFs are becoming more and more popular.
Learn about the four key characteristics that investors should better understand in order to trade them properly. Direxion Funds Risks — An investment in the Funds involves risk, including the possible loss of principal. Active and frequent trading associated with a regular rebalance of a fund can cause the price to fluctuate, therefore impacting its performance compared to other investment vehicles.
For other risks including correlation, compounding, market volatility and specific risks regarding each sector, please read the prospectus. This Website is not directed to the general public in Hong Kong. Information herein is not intended for Professional Investors in any jurisdiction in which distribution or purchase is not authorized. This Website does not provide investment advice or recommendations, nor is it an offer or solicitation of any kind to buy or sell any investment products.
BAZ to provide services to Professional Investors. DAL is an affiliate of other companies within the Direxion Group companies which may manage the products and provide the services described herein, which are not directed to the general public in Hong Kong. Companies within the Direxion Group which do not carry out regulated activities in Hong Kong are not subject to the provisions of the Ordinance.
Distributor for Direxion Shares: Distributor for Direxion Funds: Our leveraged ETFs are powerful tools built to help you: Net asset value NAV 9. Financial companies are especially subject to the adverse effects of economic recession, currency exchange rates, government regulation, decreases in the availability of capital, volatile interest rates, portfolio concentrations in geographic markets and in commercial and residential real estate loans, and competition from new entrants in their fields of business.
Companies involved in the real estate industry are subject to changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession. An investment in a fund containing securities of non-U. The fund may invest in depositary receipts which may be less liquid than the underlying shares in their primary trading market. The fund may, under most circumstances, effect a portion of creations and redemptions for cash, rather than in-kind securities.
As a result, the fund may be less tax-efficient. Changes in currency exchange rates and the relative value of non-US currencies may affect the value of a fund's investments and the value of a fund's shares.
Contingent convertible securities "CoCos" may provide for mandatory conversion into common stock of the issuer under certain circumstances. Since the common stock of the issuer may not pay a dividend, investors in these instruments could experience a reduced income rate, potentially to zero; and conversion would deepen the subordination of the investor, hence worsening standing in a bankruptcy. The use of derivatives can lead to losses because of adverse movements in the price or value of the underlying asset, index or rate, which may be magnified by certain features of the derivatives.
These risks are heightened when the fund's portfolio managers use derivatives to enhance the fund's return or as a substitute for a position or security, rather than solely to hedge or offset the risk of a position or security held by the fund.
The fund is classified as "non-diversified" and may invest a relatively high percentage of its assets in a limited number of issuers. As a result, the fund may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly concentrated in certain issuers. First Trust Advisors L. The Morningstar Rating TM information contained herein: Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Past performance is no guarantee of future results. Unit Trusts Search Available Portfolios. Available Closed End Funds. The fund's investment objective is to seek total return and to provide current income.
There can be no assurance that the Fund's investment objectives will be achieved. Weighted Average Effective Duration 7 4. Past performance is not indicative of future results. Among 51 funds in the Preferred Stock category. Country Percent United States For situations in which a security is rated by more than one NRSRO and the ratings are not equivalent, the highest ratings are used. The credit ratings shown relate to the creditworthiness of the issuers of the underlying securities in the Fund, and not to the Fund or its shares.
Credit ratings are subject to change. Capital Securities Index 3. Alpha is an indication of how much an investment outperforms or underperforms on a risk-adjusted basis relative to its benchmark.
Beta is a measure of price variability relative to the market. Sharpe Ratio is a measure of excess reward per unit of volatility.
Correlation is a measure of the similarity of performance. Indexes do not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the performance shown.
Indexes are unmanaged and an investor cannot invest directly in an index. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes.
It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance.
The Morningstar Rating does not include any adjustment for sales loads. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and year if applicable Morningstar Rating metrics.
While the year overall star rating formula seems to give the most weight to the year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Risk Considerations The fund's shares will change in value and you could lose money by investing in the fund. The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person.
First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients.
First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients. Request a k Proposal Managed Accounts. Weighted Average Effective Duration 7.