CHAD

Fund Description
The Direxion Daily CSI 300 China A Share Bear 1x Shares seeks daily investment results, before fees and expenses, of 100% of the inverse of the performance of the CSI 300 Index. There is no guarantee the fund will meet its stated investment objective. This leveraged ETF seeks a return that is -100% of the return of its benchmark index for a single day. The fund should not be expected to provide 100% of the inverse of the benchmark s cumulative return for periods greater than a day. The Index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market. Index constituent stocks must have been listed for more than three months (unless the stock s average daily A-share market capitalization since its initial listing ranks among the top 30 of all A-shares) and must not be experiencing obvious abnormal fluctuations or market manipulations.
Fund Profile
Fund Name Direxion Daily CSI 300 China A Share Bear 1x Shares
Fund Exchange Ticker CHAD
Fund Sponsor Direxion Shares
Fund ISIN US25459Y1165
Net Expense Ratio 0.80 %
Fund Inception Date 17 June 2015
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name CSI 300 Index
Index Provider China Securities Index
Currency Hedged No
Inverse / Leveraged Inverse (-1)
Developed / Emerging Emerging Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent Asia
Key Statistics
Return As of Date 6 August 2020
Asset Under Management 15.84 Million (USD)
1 Month Total Return -1.31 %
Year To Date Return -22.85 %
1 Year Total Return -32.81 %
3 Year Annualized Total Return -14.53 %
NAV 21.1155
Share Outstanding 750,000
Top 10 Holdings (7 August 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
BANK OF NEW YORK CASH RESERVE MMKT 4.7705397198
DREYFUS GOVT CASH MGMT MMKT 0.9843336499
DREYFUS GOVT CASH MGMT MMKT 0.7899513691
GOLDMAN FINL SQ TRSRY INST 506 MMKT 0.2646001930
GOLDMAN FINL SQ TRSRY INST 506 MMKT 0.1242104278
GOLDMAN FINL SQ TRSRY INS MMKT 0.1004414621
GOLDMAN FINL SQ TRSRY INS MMKT 0.0000881123
DEUTSCHE X-TRACKERS HARVEST CSI 300 SWAP ASHRBP SWAP -2.2767501008
DEUTSCHE X-TRACKERS HARVEST CSI 300 SWAP ASHRML SWAP -2.1675407040
DEUTSCHE X-TRACKERS HARVEST CSI 300 SWAP ASHR SWAP -0.8443902567