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Direxion Monthly High Yield Bull 1.2x Fund Investor Class (DXHYX)
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Direxion Monthly High Yld Bull 1.2X Inv
17.01
-0.01
-0.05%
- Overview
- Profile
- Historical Data
- Holdings
DXHYX Overview
On this page you'll find an in-depth profile of Direxion Monthly High Yield Bull 1.2x Fund Investor Class. Learn about the key management, total assets, investment strategy and contact information of DXHYX among other information.
Investment Strategy
The investment seeks monthly investment results, before fees and expenses, of 120% of the calendar month performance of the Solactive High Yield Beta Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, ETFs that track the index and other financial instruments provide monthly leveraged exposure to the index or to ETFs that track the index. The index is a rules-based systematic strategy index calculated in U.S. Dollars that provides exposure to an equal weighted portfolio of three high yield ETFs. It is non-diversified.
Contact Information
Address
1301 Avenue Of The Americas ( 6th Avenue)
New York,NY 10019
United States
New York,NY 10019
United States
Phone
646-572-3390
Top Executives
| Name | Title | Since | Until |
|---|---|---|---|
| Tony Ng | Portfolio Manager | 2016 | Now |
| Biography | Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998. | ||
| Paul Brigandi | Portfolio Manager | 2016 | Now |
| Biography | Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University. | ||
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