Direxion has added four new exchange-traded funds to its existing multi-directional leveraged funds.
Direxion has added four new exchange-traded funds (ETFs) to its existing multi-directional leveraged funds. The new launched funds are the Direxion Daily Russia Bull 3x Shares, the Daily Russia Bear 3x Shares, the Daily Agribusiness Bull 3x Shares and the Daily Agribusiness Bear 3x Shares.
The new portfolios will target 300% of the daily performance or inverse of the daily performance of the DAXglobal Russia+ Index the DAXglobal Agribusiness PR Index. Direxion seeks to offer investment products that enable investors to take advantage of short-term market opportunities as part of their overall investment strategies.