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ETF
As of October 18, 2019 Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bear 1X Shares has gone out of business. Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bear 1X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in the fixed income markets of the United States. The fund takes short positions and invests indirectly through exchange traded funds and derivatives like futures contracts, options, swap agreements, and forward contracts in the fixed-rate, US dollar denominated Treasury securities which have a maturity between 7 and 10 years. It seeks to replicate the inverse of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index. It was formerly known as Direxion Shares ETF Trust - Direxion Daily 5-Year Treasury Bull 3X Shares. Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bear 1X Shares was formed on March 23, 2011 and is domiciled in the United States.
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