TMV

Fund Description
The Direxion Daily 20+ Year Treasury Bull & Bear 3x Shares seek daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the ICE U.S. Treasury 20+ Year Bond Index. There is no guarantee the funds will meet their stated investment objectives. These leveraged ETFs seek a return that is +300% or -300% of the return of their benchmark index for a single day. The funds should not be expected to provide three times or negative three times the return of the benchmark s cumulative return for periods greater than a day. The ICE U.S. Treasury 20+ Year Bond Index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than 20 years. Eligible securities must be fixed rate, denominated in U.S. dollars, and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. Securities excluded from the Index are zero-coupon STRIPS, inflation linked securities, floating rate notes, cash management and Treasury bills, and any government agency debt issued with or without a government guarantee. One cannot directly invest in an Index.
Fund Profile
Fund Name Direxion Daily 20 Year Plus Treasury Bear 3x Shares
Fund Exchange Ticker TMV
Fund Sponsor Direxion Shares
Fund ISIN US25459Y6784
Net Expense Ratio 0.90 %
Fund Inception Date 16 April 2009
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Bonds
Index Linked Passive
Index Name ICE U.S. Treasury 20+ Year Bond Index
Index Provider ICE Indices
Currency Hedged No
Inverse / Leveraged Inverse (-3x)
Developed / Emerging Developed Market Funds
Bond Type Treasury & Government
Credit Quality Investment Grade Only
Average Maturity Long (10 + years)
Bond Currency Denomination Not Applicable
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 271.40 Million (USD)
1 Month Total Return -0.02 %
Year To Date Return 4.99 %
1 Year Total Return 1.58 %
3 Year Annualized Total Return -7.96 %
NAV 19.1807
Share Outstanding 14,149,800
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
ISHARES 20+ YEAR TREASURY BOND ETF SWAP BOND 0.7032609954
ISHARES 20+ YEAR TREASURY BOND ETF SWAP BOND 0.3750725309
ISHARES 20+ YEAR TREASURY BOND ETF SWAP BOND 0.3388112219
ISHARES 20+ YEAR TREASURY BOND ETF SWAP BOND 0.1172101659
BANK OF NEW YORK CASH RESERVE MMKT -0.2343403768
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.1388632562
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0753161618
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0539680766
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0179596953
GOLDMAN FINL SQ TRSRY INS BOND -0.0139073474