Performance
Trailing returns
| 1 day | +0.01% |
| |||
| 1 week |
| -0.03% | |||
| 4 week | +0.06% |
| |||
| 3 month |
| -2.25% | |||
| YTD |
| -13.70% | |||
| 1 year |
| -13.82% | |||
| 3 years* |
| -7.45% | |||
| 5 years* | +0.00% | ||||
| *annualised | |||||
| Best 3-month return | +3.00% | |
| Worst 3-month return | -8.02% |
Morningstar statistics
Morningstar category: Currency
Key statistics
| Total assets | 7.18M | |
| Front load | 5.50% | |
| Deferred load | - | |
| Expense ratio | 1.40% | |
| Management fee | - | |
| Fund family | Direxion Funds |
Asset allocation
| Cash | 0.00% | |
| Stocks | 0.00% | |
| Bonds | 100.00% | |
| Other | 0.00% |
Purchase information
| Initial | $2,500 | |
| Additional | $0 | |
| IRA Initial | $1,000 | |
| AIP Initial | $2,500 | |
| AIP Additional | $500 |
23.790.00(0.01%)
Oct 24, 4:00pm GMT-4
Description
The investment seeks investment results, before fees and expenses, of 150% of the calendar month performance of the Alpha Financial FX Trends Index ("FXTI"), while implementing a strategic overlay to maintain the fund's exposure to the FXTI between 145% and 155%. The fund invests primarily in currency and financial futures contracts, options and swap contract that provide leveraged and unleveraged exposure to the FXTI. It also may invest in ETFs and other investment companies that provide exposure to currency, financial and equity securities. The fund is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Tony Ng (Started: Oct 31, 2010)
Paul Brigandi (Started: Mar 2, 2009)
Tony Ng (Started: Oct 31, 2010)
Paul Brigandi (Started: Mar 2, 2009)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -14.39 | -1.49 | - | - | |
| Beta* | -10.51 | -23.52 | - | - | |
| Mean annual return | -1.55 | -0.65 | - | - | |
| R-squared* | 0.32 | 4.38 | - | - | |
| Standard deviation | 7.24 | 6.40 | - | - | |
| Sharpe ratio | -2.58 | -1.23 | - | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Ml Fxti Currency Trends Tr Swap | 100.00% |