Direxion is launching three new bond index exchange-traded funds (ETFs). The Total Bond Market Bear 1x Shares, the Daily 7-10 Year Treasury Bear 1x Shares and the Daily 20+ Year Treasury Bear 1x Shares are the three latest portfolios. The ETFs will be added to the firm’s existing lineup of multi-directional portfolios. The funds include three Bear index funds that seek 100% of the inverse of the daily performance of the Barclays Capital U.S. Aggregate Bond Index, the NYSE 7-10 Year Treasury Bond Index, and the NYSE 20-Year Plus Treasury Bond Index.
Click here for the release from PR Newswire.